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Reconnaissance Energy (Africa) Ltd V.RECO

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

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

Post by CammerRecon Aug 24, 2021 3:28pm
382 Views
Post# 33755857

Elephants,pipelines,railroads and the Chinese

Elephants,pipelines,railroads and the ChineseLet us remember that the Trans-Alaskan pipeline was built in only three years through some of the most difficult, environmentally sensitive, most hostile climate on earth as many detractors said it was impossible - this was from 1974 through 1977 and for 800 miles. And it was done in a way that allowed for the transit of local animal populations. This was done with a lower technological level and understanding of ecological issues than at present.

As to railroads and pipelines there are ways around this - if profit is involved. Remember the US stopped work on The Keystone pipeline (a horrible, stupid move) and yet the Canadien oil is flowing to the US.

Now as to the Chinese, I am surprised they have not yet popped up here. They have their fingers in projects all over Africa. Example:

"Chinese state-owned company CNOOC" has energy projects in Africa.


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