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 > Latest Financials are a Mug’s Game

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Comment by pacer001on Nov 30, 2021 5:50pm

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Post# 34182523

RE:RE:RE: Latest Financials are a Mug’s Game

You can't have fraking without oil! You just don't pump water into the ground and magically oil shoots out. And it is not the primary method to get oil, usually only after a field has been tapped by conventional means, and there is oil left in the rocks like in the Permian. And then it is still more an art than a science.

This board is becoming a regular duck pond for quackers! Quack! Quack!

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