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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).


TSXV:RECO - Post by User

Post by pacer001on Dec 01, 2021 9:10pm
279 Views
Post# 34188160

Wind shortage answer? Build yet more wind farms?

Wind shortage answer? Build yet more wind farms?

Yup, that is what these environmental radicals want to do. They apparently don't understand wind farms do not produce wind but use it for power generation: hence less wind, less power. 

Here is a quote from the OP site today 120121 below. What it doesn't tell you is that Vestas has shuttteree three wind mill/turbine production facilities. Oil and nat gas are not going away anytime soon! And oil in the ground like in Namibia can only become more valuable.

"This is interesting because one of the world’s largest turbine makers, Denmark’s Vestas, earlier this month cutits financial performance outlook for this year, citing continued supply chain constraints, higher costs, and lower wind speeds that led to lower output of electricity from wind parks."

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