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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 12:23pm
249 Views
Post# 33011422

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

RE:RE:RE:RE:RE:RE:RE:RE:So at what point does.....oh I have one wildcard pick a private company Hilcorp, presently they are tied up in Alaska but they always seem to be a step ahead, they picked up a bunch of acreage in the EF and sold to marthron for a couple of billon then headed to the marcellus and utica shale in ohio before heading to alaska. Don't know if they would even be interested in one of the basins in the kavango but hilcorp is part of that houston crowd, am sure there's conversation bout a new basin. Being private u never hear anything till the deal is done.
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