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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | RCNWF | V.RECO.WT

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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
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Post by AUborealison May 14, 2021 6:54pm
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Post# 33208641

Here are three links to last year's presentations by RECO

Here are three links to last year's presentations by RECOWell worth taking some time off from Netlix to watch these.

April 16, 2020

May 20, 2020 Craig Steinke

June 12, 2020 Q & A with Scot Evans - RECO COO & Geologist

Nov. 10, 2020 American Petroleum Institute - Houston Chapter - Recon Africa

Their original plan for 3 wells to advance to the 'Undeveloped' acreage valuation is 1/3 of the way completed.

i.e. $6.5 Billion USD valuation target for this Phase 1.
 
The Permiaan Basin has pumped 30 Billion barrels since 1920, with an estimated 20 Billion remaining.

Most of it by way of conventional production.

This one is Easy - peasy.

Stick in a straw and slurp (pump) away.

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Dealroom for high-potential pre-IPO opportunities