Reconnaissance Energy (Africa) Ltd V.RECO

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

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 > What would 10 billion recoverable barrels mean for

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Comment by g0mar7on Jun 14, 2021 4:56pm

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Post# 33383312

RE:RE:RE:RE:RE:RE:RE:RE:RE:What would 10 billion recoverable barrels mean for

I've got 12,000 shares bought between January and now. Would love more, but would rather not hold this in my RRSP.

Like I said I am hoping it hits the $150 mark. But to sit here and guess what the share price will be, should be ect... without having any idea of proven reserves or any other tests is just dumb and a wild guess. So just say that, dont pretend its anything other then that. Either belive in the story and shut up or provide some back up to any of the figures you provide. Pretty simple.

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