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 > Funds might be used for BOTSWANA drilling

<< Previous

Bullboard Posts

Next >>

Comment by grenouilleon May 06, 2021 1:41pm

291 Views

Post# 33141874

RE:RE:RE:Funds might be used for BOTSWANA drilling

"...sizeable tank battery..."
sooner or later (probably sooner) there will be a pipeline to walvis bay. probably a large pipeline from a a large tank farm near the southern edge of the basin fed by a net of smaller tank farms and branch pipelines.

years and years of infrastructure work if even half of the estimated potential is realized.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China