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).

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Reconnaissance Energy (Africa) Ltd > Finding a comparable O&G

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Comment by Bpultraon Apr 27, 2021 11:28am

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Post# 33074375

RE:RE:RE:RE:RE:RE:Finding a comparable O&G

crude wrote: Might want to update your thinking , the next hole is supposed to intersect a wider pay zone

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I have blocks that are long reco... I started buying at the 2.60 range ..so "supposed" is a very good word... also is "miss" I hope they hit ... but this is stiil a very high spec stock... just been in this game al ong time and have seen a bunch of these sure things go to zero... so I update my bank account with this in mind .. GLTA .. and hope everyone makes money

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