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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Comment by Ebenizer3on Mar 12, 2021 10:11am
299 Views
Post# 32784604

RE:Third Well

RE:Third Wellit's amazing how people don't know or even attempt to find out what's in the exploration license required work program, under the terms reco has to drill at least two wells and acquire 250 km of seismic. Management said they were going to drill two strat wells and the third was going to be a exploration well targeting a conventional target. for Botswana according to there license drilling won't take place until the 3rd year. as far as the next drilling location in Namibia is the 5-6, until management gives us the facts why get ur panties all in a bunch. U will know when a leak is credible when management has to give a nr. Have a Great day
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