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 > Announcement? Weekend worries.

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Comment by Zoolanders21on Jul 30, 2021 9:50am

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Post# 33631495

RE:RE:Announcement? Weekend worries.

Namcor will find out when we find out. The contract for the core & well log analysis is between RECO and Core Labs etc. They will not give information to Namcor and RECO will want to have an opportunity to review the results first and to control the timing of the release for their best interest and shareholders interest. i agree and hope the results will be good though!! My guess is sometime next week. There have been all kinds of supply chain issues and delays due to Covid so prob not reallistic to hit their target of end of July. JMO & GLTA

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