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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

Comment by Moneycaton Jul 15, 2021 11:36pm
301 Views
Post# 33557506

RE:Gerlitz grant of 550,000 options $ 11.39/sh SPEAKS VOLUMES

RE:Gerlitz grant of 550,000 options $ 11.39/sh SPEAKS VOLUMESNice find Hidden !!

Hiddensecrets wrote: RECO has awarded to Mark Gerlitz on JUly 15, 2021, 550,000 options at $ 11.39 per share which speaks VOLUMES.

This is what Mark Gerlitz specializes in:



He has advised special committees on hostile and friendly business combinations, including multi-billion-dollar international energy transactions requiring foreign investment approvals.


So lets read his profile as it may relate to us:


Mark Gerlitz is advising RECO special committees on a hostile and/or friendly business combinations (ie: with  Exxon or, Shell or both), including  possible) multi-billion-dollar international energy transactions (ie: like a partnering or joint venture)  requiring foreign investment approvals (ie from Nambia and/or Botswana).
========================================================


For this work, Mark is given 550,000 options at $ 11.39 per share 
Granted on July 15, 2021.

========================================================


I am expecting BLOCKBUSTER NEWS by end of July 2021 from hole 6-1 drill results and, core reading from hole 6-2 + hopefully mentionning that 6-1 and 6-2 are possibly tied together per recent testing done in each of the holes, revealing identical patterns. 

The tie in to be offically confirmed with seismic data at end of September 2021. 

It also tells me that the MAJOR oil companies are circling RECO  hence importance that Mark Gerlitz be properly rewarded and motivated to negotiate best deal for RECO.  That is the reason he was hired. 

MPO







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