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 > Tuesday ... another nice bump upward

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Post by CammerRecon Nov 08, 2021 3:27pm

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Post# 34101588

Tuesday ... another nice bump upward

Recaf's CEO Scott Evans will be presenting Tuesday at 10:30 Dubai time with many hundreds if not thousands of oil honchos at this huge Africa Oil Week in Dubai. Note this is about 9 hours ahead of NY time. So he will have presented before markets open the way I get this all.

Even though I don't expect any blockbusters from him, exposure to this high net worth VIP audience should result in some nice publicity and hence buying interest. Thus I look for our Recaf to continue its nice upward movement tomorrow here in North America.

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