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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Reconnaissance Energy (Africa) Ltd

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Post by Moneycaton Jun 24, 2021 9:39am

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Post# 33440723

Wow

From todays release

Thus far in the deeper section of this 6-1 well, the Company has encountered an incremental 209 m (685 feet) of hydrocarbon shows comprising a variety of light oil and natural gas. Collectively, the 6-1 well has encountered 343 m (1,125 feet) of hydrocarbon shows, further confirming an active petroleum system in the Kavango Sedimentary basin.

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Advancing flagship Ishkõday Gold Project in Ontario