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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

Comment by pacer001on Dec 28, 2021 11:31pm
156 Views
Post# 34266588

RE:Has this been halted, not moving

RE:Has this been halted, not moving I believe the market is closed in Canada due to "Boxing Day" which is celebrated in many former dominions of Britain and now loosely "the Commonwealth".

Once you get into the British things become very murky in that a lot is not formalized and grows out of tradition and practice. (Yes, I know the Queen granted Canada independence decades ago but yet still puzzling remains their Chief of State and Supreme Military Commander or some such.)

Some used to think that "Boxing Day" had to do with the Boxer Rebellion in China and the British role there. But I believe it has to do with exchanging boxes that Christmas presents came in. Whatever I would not concern myself as impacting Recaf.
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