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 > Recon Africa De-Risks The World's Most Exciting Oil Find

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Comment by jimgeorgeon Aug 05, 2021 9:24pm

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Post# 33661775

RE:Recon Africa De-Risks The World's Most Exciting Oil Find

What an incredible crock of $hit! These promotional hustlers just keeps repeating the tired nonsense that is in the press releases - "potential hydrocarbon bearing structures", "targeting commercial production" (would they be targeting non-economic production?).....and that Jarvie geochem graph looks like pure gobbledygook to me, and I've been in the business for 35 years. I challenge anyone to make an interpretation of oil production potential from that fantasy plot.

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