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 > To compare, how long did it take Saudi Arabia to find oil?

<< Previous

Bullboard Posts

Next >>

Comment by CammerRecon Oct 26, 2021 2:08pm

116 Views

Post# 34051306

RE:RE:RE:RE:RE:To compare, how long did it take Saudi Arabia to find oil?

Yup Rawsiena, there are a lot of worked up folks lately. But I think we are more like Prudhoe Bay in Alaska than Saudi Arabia. My impression they got very lucky in SA and things happened relatively quickly as compared to Prudhoe Bay that took countless drillings and years before they hit the giant finds.

<< Previous

Bullboard Posts

Next >>

This battery metals stock is on a path to the global stage