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 > O M G

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Comment by Hotshot85on Jul 08, 2021 8:59am

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Post# 33511026

RE:RE:RE:O M G

in a proven basin where you know there are hydrocarbons and you have well control near by, i would agree with you.

this is not like finding the clearwater in westerncanadian Sedimentary basin. everyone knows there is an abundance of resources across all horizons and there are logs and wells and seismic everywhere.

extrapolating from what all these "arm chair experts" know with 40 years expirence blah blah blah. we dont know anything about anyone behind these keyboards.

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