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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 Yolostaron Apr 17, 2021 11:38am
716 Views
Post# 33017105

...one of many Stocktwits posts

...one of many Stocktwits postsRECAF gaining traction on Stocktwits....the watchlist went from around 1600 to now over 3200 in 3 weeks, and getting bigger....here's the hype : "Just imagine when 2d seismic comes out verifying conventional reservoirs ready for the drill! Then think about Jarvie's conservative estimate if 6-2 source rock being 500 feet, and in reality we have 660 feet proven in 6-2. Then think about the comment of LIGHT oil being found, and imagine if this is high in the more valuable condensates. Then ask yourself if you own enough RECAF? This I believe is a generational wealth builder, these kind of stocks are incredibly rare, we will be talking about this stock in our future like Apple and Amazon, I will be saying I remember when I was amazed at $6, now it's in the hundreds of dollars...and I firmly believe it will be. My money is where my mouth is."
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