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Reconnaissance Energy (Africa) Ltd V.RECO

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

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

Post by Oregonduckon Nov 30, 2021 10:33pm
487 Views
Post# 34183363

Chance of JV almost zero

Chance of JV almost zeroDeutsche Bank, the last resort banker, that loan money to Donald Trump after his bankruptcy stated that they will never finance any future fracking for oil and gas shale operations especially in areas of water shortage. Deutsche also called "Douche Bank" by their former staff has a prescient outlook for oil not to go up in 2022.

No prospective JV partners will go near Reco and Namcor is just your take-it-for-free-carry-10% partner.

The Covid variant could be the game changer for Africa - a real jungle and corrupt as hell. If you're walking through hell, keep walking.

I detest Donald and is no racist, but he reportedly said the following, to wit:

The US president, according to his former lawyer Cohen, said in a rant about Obama: “Tell me one country run by a black person that isn’t a s—hole. They are all complete f—ing toilets.”

And following the death of former president Nelson Mandela, in 2013, Trump allegedly said he did not think Mandela “was a real leader — not the kind he respected.”

Cohen alleged that Trump praised apartheid-era South Africa rule, saying: “Mandela f—ed the whole country up. Now it’s a s—hole. F— Mandela. He was no leader.”


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