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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Post by Moneycaton Jun 15, 2021 8:45pm

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Post# 33393421

So

I was reading on reddit and saw a poster talk about PXD....so I went and took a quick look. Now I know we still have a ways to go but PXD has 1.3 billion barrels reserve equivalant from looking at the quick summary.....with a Market Cap of 40 billion. Yes....I know we are still in the early stages but this could be like finding willy wonka's golden ticket....amazed that Frank would try and short this possible monster. Long on Reco !!!

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