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

Reconnaissance Energy (Africa) Ltd > Running on Fumes

<< Previous

Bullboard Posts

Next >>

Post by Oregonduckon Sep 07, 2021 10:09am

539 Views

Post# 33818432

Running on Fumes

The game is up. Misrepresentation is against securities law. There is a reason why the Co has held off publishing the flow rates on 6-2 and 6-1 wells. The oil does not flow like piss.

Tecnically, on a measured 50 percent down move, the stock should drop to $3.00.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?