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 > Expect Reddit to heat up on RECO: 74,317,585 SHORTS

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Post by Hiddensecretson Jul 05, 2021 9:16am

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Post# 33492177

Expect Reddit to heat up on RECO: 74,317,585 SHORTS

I am expecting that the chatter on REDDIT is gonna heat up soon on RECO as the 18 million investors with $ 80 billion in available funds love to squeeze the shorts and, we have 74,317,385 shorts, per shortdata.ca as of June 30, 2021.

BLOCKBUSTER NEWS PENDING: END OF JULY 2021

- drill results hole 6-1
- core source rock results
- start seismic 2d 450 km
- Rennaissance buyout to be completed

FUTURE CATALYSTS - September 2021

- completion of seisimc (to tie in holes 6-1 and 6-2)
- start of drill 3
- presentation in mid September 2021 to major players (ie: Exxon, Shell, etc...)

mpo

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