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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

Post by headtotoeinthe6on Jun 23, 2021 9:25pm
309 Views
Post# 33439327

ReconAfrica is the best investment I ever made

ReconAfrica is the best investment I ever madeThe returns have been phenomenal. The company’s operations are running smoothly. Exploration activities have been very positive on the just the first of FIVE basins. The management team have proven to be exceptional in their estimates and projections, and the governments of Namibia and Botswana have demonstrated they’re fantastic partners and very supportive of ReconAfrica’s goals.

You won’t convince me those governments are involved in a scam just to fleece a few investors.
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