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).

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Reconnaissance Energy (Africa) Ltd > Article in AZ Namibia

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Comment by GorgeousGeorge1on May 10, 2021 7:51am

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Post# 33163460

RE:RE:Article in AZ Namibia

At a guess, I'd say this farmer has no legal recourse, but he's been asked by an environmental group to engage. After it gets thrown out of court, the environmental group gets to push the 'poor farmer thrown off land by exploitive oil company' narrative. They have nothing to lose in this process. That's the cynic in me though, could be legit

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How one company is disrupting PoC testing