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 > Some more pr

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Comment by CammerRecon Sep 16, 2021 10:16pm

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Post# 33875774

RE:RE:RE:Some more pr

Yes jengenaplastic I understood that Namcor is holding 10%. Now I am not a lawyer let alone an American, Canadien, or Namibian one.
But the way I understand this all Namcot is the license granting authority, and from previous posts, these are granted by blocks, tracts, whatever. So that is what I was getting at: have they started cutting up and allocating their 10% like with the offshore parcels like in my previous post? Just curious if so.

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