Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 InvrsContrarianon Jun 17, 2021 3:54pm
333 Views
Post# 33405848

RE:RE:CNOOC not Chevron. The BS environmental storm will

RE:RE:CNOOC not Chevron. The BS environmental storm willNamibia could be used as an entry point and balance mechanism for the good old USA against the Chinese Belt and plunder initiative. Check out this article on African security and the Chinese. Why would Namibia sign away their resources for a leveraged loan from the Chinese when you can get cold hard cash upfront from a big old fashioned oil Barron? " By early 2021, 140 countries worldwide had signed more than 200 BRI cooperation agreements essentially frameworks for Chinese companies to build infrastructure projects such as ports, railways, power stations and telecommunication networks using low-interest Chinese loans to host countries. https://www.washingtonpost.com/politics/2021/04/30/chinas-belt-road-initiative-invests-african-infrastructure-african-military-police-forces/
CammerRec wrote:

You are on the something. A very good  point!


Even though their is some growing backlash in Africa they expanding greatly to "colonize" it just like the old big European countries did previously.



<< Previous
Bullboard Posts
Next >>