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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 Seraphim1on Jul 29, 2021 10:27am
328 Views
Post# 33620623

RE:Corelabs Conference call

RE:Corelabs Conference call

Hotshot85 wrote: The Executives on the line answered a questions from an analyst about reconafrica. 
essentially they said for details on the play itself contact RECO. That said, they did elude to their excitement about working with reco. The reseviour is "The reservoir is huge with multiple basins and they are looking through a very thick source rock of mainly marine including trap evaluation.  Said there is lots of work and they are excited to be working with Reco"

I will stress that the tone of voice and the candence while discussing the topic was more what interested me than the actual information. They didn't say anything that we didn't already know 



 


did they actually say "the reservoir is huge" or the land package is huge with multiple basins? 

if they used the word reservoir then that is something exciting that hasn't been disclosed in past. Only showings were disclosed. I think there is a different. Correct me if I'm wrong 

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