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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 Ca01anon Apr 12, 2021 9:11am
304 Views
Post# 32976316

RE:RE:RE:RE:RE:RE:RE:Seismic survey soon to start...

RE:RE:RE:RE:RE:RE:RE:Seismic survey soon to start...I recall back in early January before they announced drilling had started, C6 mentioning he had sold all his shares, was bearish about the near term prospects and was waiting until it went down before getting back in, amazing how quickly people can change

The discord is filled with people who are obsessed with the stock and any new news gets broken there first, there are some people are knowledgeable about the O&G industry and at least one guy who seems to know a partner at Haywood who is close with the company's board so it does have its uses
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