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 > London

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Post by cyrustgon Sep 22, 2021 7:54am

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Post# 33897231

London

London conference up and running. Today and tommorrow should be great for Reco .Lots of exposure and possible JV talks with the majors. Shell would be a good fit. They had to dump their Permian assets due to their gov't mandating a reduction in green house gas production.All that fracking had to go. They now have billions to reinvest in other production. Our land is like the early Permian in that there was no fracking for decades required to get the oil. Let's get a deal !!!JMHO
Ciao

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