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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 GorgeousGeorge1on May 08, 2021 10:59am
250 Views
Post# 33159642

RE:RE:RE:RE:RE:ceo getting a little exercise.....

RE:RE:RE:RE:RE:ceo getting a little exercise.....To answer your first question, currently no I do not. But I will say - they released a vague assessment of the drill to bring the market up to date with all material information which served to release themselves of the blackout period. I stand by my earlier comment that they have a much better idea of how successful that drill was than we do. There's been a lot of activity since. We will only have context of that activity after full results are released. I'm calling it how I see it, the amount of activity is starting to unsettle me, but I remain very optimistic that they've hit something of great potential. I don't mind ruffling a few feathers, I'm keen to hear everyone's thoughts
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