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 > Why I hold Recaf

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Comment by Fastvinnyon Nov 09, 2021 3:35pm

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RE:RE:RE:RE:RE:RE:RE:Why I hold Recaf

LOL ,

Shell said they need to find more oil to fund green energy programs ( look it up with CEO interview )

COP is bla bla bla , China and Russia will never agree and all the major plays will dig in Africa .

like it or not that's the way it is , no one will stop looking and drilling for years .

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Two micro-cap stocks with strong fundamentals