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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

Post by judomaccaon Mar 16, 2021 2:33pm
1022 Views
Post# 32809067

Silence from RECO

Silence from RECOI disagree with the posters who claim you just have to wait for RECO to release results whether it is sometime in March to even June.
The way they launched their program with Glossy Glitz showing long drill probes going through huge deep underground lakes of blue oil, I think they are obligated to keeping investors informed of their progress. Waiting until all 3 wells are drilled turns the investment into a Howe Street dice toss  shoot and that is not the way a reputable  company works. It turns the whole sitation into a typical VSE Howe Street Scam. I am so committed to this position that I will give them a couple more weeks to completer well #1 but if after that there is continued silence, I intend complaining to the Securities Commissions.
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