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 > Its all about the Oil

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Comment by Moneycaton Jun 27, 2021 11:46am

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Post# 33457503

RE:Its all about the Oil

It's actually the roulette dealer that says that !!! My bad

Moneycat wrote: that is what it will come down to. Farris can chirp all he wants in his reports about old points....and he may win short term ( as he did friday) but in the end this is about Oil. How much is there and is it commercially viable to get out ?? That is it. If there is a lot and it is commercially viable the share price will go up dramatically from here....if not then this crashes to the ground !!

Lots of recoverable oil....we win......no oil or very little...Viceroy wins !! Like the dealer at the craps table say..." Place your bets !!!"

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