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 > ReconAfrica is a scam!

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Comment by Moneycaton Sep 02, 2021 3:57pm

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Post# 33804537

RE:ReconAfrica is a scam!

Hey Jimmy...remember when you posted your first post on RECO. I love how it is easy to look up old posts.

jimgeorge wrote: Hello everyone, Jimgeorge is back. I was the one who blew the whistle on Bronco Energy (remember them? $18 to zero when they were exposed as frauds). I now see a similar game with Recon. Their information releases are short on facts and intentionally misleading. (Just what exactly is a "Working" Petroleum System anyway?) The oil and gas shows they claim to have encountered in the first well - what exactly are they? Oil staining in samples? Gas detector readings? Oil shows in the sidewall cores? What did the well show? Any oi pay on logs? And if there was reservoir rock with oil "shows", did they run any drill stem tests?

Recon has basically released no information at all on the first well, just hype and innuendo. When (if) they ever release any actual facts I will present my technical interpretation. Till then BEWARE, they are definitely pumping the stock on misleading hype.

Good luck to all, please don't get burned like a lot of Bronco shareholders did.

Jimgeorge