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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 Tor2018on May 02, 2021 5:37pm
612 Views
Post# 33111470

#SavetheOkavangoDelta

#SavetheOkavangoDelta
Namibia: Indigenous leaders want big oil out of Kavango Basin. A campaign called #SavetheOkavangoDelta was started by Fridays for Future Windhoek and Frack Free Namibia and Botswana, local environmentalist groups.
 
“They didn’t go through with the normal process of doing business in our communities, where you have to meet with headmen and chiefs of all the communities that will be affected first,” Muyemburuko said. “Who gave the government the right to determine the destiny of Indigenous communities? This is just another case of environmental racism,” Ina-Maria Shikongo, the founder of Fridays for Future Windhoek, told Al Jazeera. “My worst fear is that it could turn into a new Niger Delta,” Shikongo added, referencing the ongoing fight to clean up areas polluted by oil companies there.
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