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 10:30pm

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Post# 33875813

RE:RE:RE:RE:Some more pr

I am almost sorry that I opened this can of worms but I thought it was important to know exactly what we have going on here in that I know leases and tracts are normally bid out and can vary greatly in value.

Apparently Namcor is an offshoot of the government but also has other entities involved.

Here is an example of what is involved ; not Recaf, for illustrative purposes only.

https://www.namcor.com.na/upstream-exploration/#1584421676203-cf7326ab-744c

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