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

Reconnaissance Energy (Africa) Ltd > congrats

<< Previous

Bullboard Posts

Next >>

Comment by Chihuahuaon Apr 19, 2021 6:34pm

487 Views

Post# 33026417

RE:RE:RE:RE:congrats

It could take a few more hole for a discovery or a thousand. What's your point? This is a high risk high reward speculative play. We could have drilled an absolute complete duster for our first hole, clearly we did not. Bribery is common in all countries, you just have to understand the system and capitalize from it.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing