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

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Post by Bpultraon Oct 03, 2021 11:25pm

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Reconnaissance Energy (Africa) Ltd (OTCMKTS:RECAF) is one of the most popular low value stocks so far this year. The stock has been gaining momentum since the beginning of the year with a jump of 208%. Moreover, the stock has skyrocketed 570% over the past year. ReconAfrica CEO Scot Evans was hosted at a Goldman Sachs event this month, suggesting the company was in talks with potential partners. Someone leaked a recording of the talk. ReconAfrica is “quite actively” looking at ways to graduate to a more senior exchange, he said. He declined to give specifics about which exchange it might be considering.
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https://topnewsguide.com/2021/10/01/cheap-energy-stocks-watchlist-sdrlf-recaf-pgas-borr-agyp/

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