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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

Comment by petesfreak15on May 03, 2021 7:16am
393 Views
Post# 33112567

RE:CNN NEWS!!!!

RE:CNN NEWS!!!!Great article for promotion.  Although it is written from environment issues, what they do write though is the response from citizens and governement about the hypocrisy of other countries who have made their fortune on oil and now are telling them they shouldnt have the same rights.

The pros of the jobs and money that the country desperately needs.

If next hole finds oil, expect a buyout or partnership from big corp.  Government would want to renegoti deal plus company that can fight the environmentalists with past practices.  I think Recon is just too small with infrastructure needed to take it from discovery to production. They cant take the risk of screwing up, as the World would be watching.  They need a heavy hitter on board.



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