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 > Broad market sell off

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Post by Zoolanders21on Jul 08, 2021 9:55am

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Post# 33511398

Broad market sell off

We are caught up in a broad market sell off, Dow down 450 points, oil down with OPEC uncertainty, plus now the delay in the ROE vote .... perfect short cover opportunity. This is an ugly day but markets rebound quickly. Friday will be a much different day. Buckle up. GLTA. Interesting seems like a bunh of newbies here all bashing RECO and reposting the short garbage. Tiring.

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