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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 Apr 16, 2021 9:55am
352 Views
Post# 33010172

RE:RE:RE:RE:RE:RE:So at what point does.....

RE:RE:RE:RE:RE:RE:So at what point does.....I see as a positive, mainly because of the crossover (steinke, telfer,jarvie,steinsberger) the same reason i invested in renaissance is why i invested in reconafrica the team. If anything i thinking along the lines reco and roe becoming one company somewhere down the line. I know renaissance had a director (malaki) who had and I believe is still holding a large block of roe even though he is no longer a director. Lots of money looking at the kavango basin. As far as the pressure to be expected, I guess we can agree that there hasn't been any depletion lol. You have any predictions for jv's for reco maybe xom, eog, shell etc., though xom seems to be focused on Guyana, oxy is still trying to find there way. I guess would be eog or shell. Thanks for the reply. Good to here from you and name of the game giving us answers to real questions. Good day
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