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 > other minerals

<< Previous

Bullboard Posts

Next >>

Comment by grenouilleon Apr 29, 2021 10:49pm

285 Views

Post# 33099228

RE:RE:other minerals

if they hit something in the first thousand feet or so, it might be worthwhile pursuing. deeper, not so much. for instance, silver ore, even bonanza grade, would be uneconomic if it had to be mined from, say, a mile and a half down. :(

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023