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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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
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•••
Post by Bpultraon Jul 21, 2021 12:24pm
198 Views
Post# 33581612

Nice rebound

Nice rebound

70.42 +3.22    +4.79%
Does not mean much for Reco right now as they have not pulled 1 barrel out of the ground but just helps the BIG BIG picture and overall RECO sediment in the market on reco SP .. hate to be an oil trader right now you get a build on EIA and oil pops up... bottom line it was sold down on panic ... 

10:30   USD   Crude Oil Inventories 2.108M -4.466M -7.897M  
10:30   USD   EIA Refinery Crude Runs (WoW) -0.086M   -0.022M  
10:30   USD   Crude Oil Imports 2.438M   -1.051M  
10:30   USD   Cushing Crude Oil Inventories -1.347M   -1.589M  
10:30   USD   Distillate Fuel Production -0.024M   -0.041M  
10:30   USD   EIA Weekly Distillates Stocks -1.349M 0.557M 3.657M  
10:30   USD   Gasoline Production -0.728M   -0.696M  
10:30   USD   Heating Oil Stockpiles 0.587M   -0.669M  
10:30   USD   EIA Weekly Refinery Utilization Rates (WoW) -0.4% 0.4% -0.4%  
10:30   USD   Gasoline Inventories -0.121M -1.043M 1.039M

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