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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 cyrustgon May 02, 2021 8:38am
491 Views
Post# 33110214

More news

More newsLast post  caused a few of the bashers to surface again. They certainly try hard to negate any chance of positive news .
Someone wrote no news for forty days . Don't think so . We should get :

Drill #2 starting
2D starting
Closing of takeover  re ROE
Possible listing on TSE and/or Nasdaq
Updates as well2 proceeds

I believe the news flow will be continuous from now on to keep the name out there as there are certainly a lot of investors who have not heard of the massive upside to this stock. Should be on BNN soon .Namibian gov't will be pushing for results as well .

JMHO

Ciao
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