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 > Cutting my position

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Comment by Ebenizer3on Jun 25, 2021 1:17pm

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Post# 33451100

RE:RE:RE:Cutting my position

its obvious they don't know what the term "drilling blind" means. They didn't throw a dart at a map, they used an expensive tool, aero mag survey. " drilling blind" in the oil business means that they are losing drilling mug in the formation, meaning they don't have control of that well, not a good thing. If they claimed that, that would be concerning. Really expected more fireworks today, they could at least take out my order at 9.75. Oh well good day

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Advancing flagship Ishkõday Gold Project in Ontario