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

Reconnaissance Energy (Africa) Ltd > Reco: This is conventional oil play - Oil are in the rocks

<< Previous

Bullboard Posts

Next >>

Comment by Hotshot85on Jul 06, 2021 9:54am

216 Views

Post# 33498398

RE:Reco: This is conventional oil play - Oil are in the rocks

determining if things are commercial at this point i think is next. we need strutural traps to contain the hydrocarbons otherwise they simply migrate away showing hints that they were there at one point but not contained.

in all recent interviews they are being very careful around this point. This is the next big catalyst

<< Previous

Bullboard Posts

Next >>

Calibre discovers significant gold in Newfoundland