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Reconnaissance Energy (Africa) Ltd V.RECO

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

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 24, 2021 1:06pm
288 Views
Post# 32867167

Speculation

SpeculationIt would help if the management would be a bit more transparent and release a bit of information rather than having investors speculating about possibilities. I thought corporations were suppposed to be democrtic institutions. Instead they are a bunch of little dictators. All that talk about not wanting to release any info that would result in hostile takeovers is a bunch of BS. The big boys are already sniffing around and finding things out. When RECO do complete wells and have results the big boys will be the first to know.. /////SO WHY THE SECRETS. 
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