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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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 > EVERY THING YOU NEED TO KNOW !!!
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Comment by SirRichard1987on Nov 09, 2021 12:38pm
287 Views
Post# 34105353

RE:EVERY THING YOU NEED TO KNOW !!!

RE:EVERY THING YOU NEED TO KNOW !!!Very happy to see the 25 year production licenses. Botswana > Namibia!
This is where the rubber hits the road.
Namibia:

Botswana:

Other Key Takeaways:
JV Partner search, multi-well drilling 1Q22, second phase of 2D seismic to commence 1H22
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Dealroom for high-potential pre-IPO opportunities