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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 Liquidtradeon Jun 21, 2021 2:59pm
369 Views
Post# 33421444

RE:RE:RE:RE:RE:RECO Donates More to ESG/Namibia =Ocean of OIL

RE:RE:RE:RE:RE:RECO Donates More to ESG/Namibia =Ocean of OIL
Bpultra wrote: The PR machine is rolling... not only do they offset all the hit pieces... but they help locals .. while burning whoever maybe short... OIl moving up.... drill bit moving down.... a perfect storm for the next leg up.. if they find same amount of Oil and NG in this nexy hole... this is going to bounce... and if that happens you do not find gems like this very often.. GLTA


Exactly this ^^

Also, an oil exploration company that owns 90% of an entire basin being compared to the Ghawar oil fields in Suadi/Kuwait/Texas that spands 8.3 million acres....it is a once in a lifetime, unheard of, rare as they come. 
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