Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Reconnaissance Energy (Africa) Ltd V.RECO

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

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Reconnaissance Energy (Africa) Ltd > Namibia offshore versus onshore
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(141)
•••
Comment by JohnnyDoeon Jan 17, 2022 5:16pm
384 Views
Post# 34326190

RE:Namibia offshore versus onshore

RE:Namibia offshore versus onshore
pacer001 wrote:

Thanks Ebenizer for that article about Namibian off shore oil discoveries by Shell and Total and that off shore appears to be the way oil exploration is going. Sad to say, this jives with everything I have been reading and coming across.

Awhile ago it appeared that off shore drilling was on the ropes as Hornbeck and other offshore drillers went bankrupt. However today it appears it is making a stunning comeback - particularly in Turd World countries. 

Why? it eliminates so many problems, costs, time, political, and environmental issues. No pesky tribes to deal with, crazed radical environmentalists, thieves, insurrectionists, bandits, Russians, Chinese, etc. Also no expensive, difficult, time consuming pipelines, roads, railroads, etc to build. Oil freighters just pull up to the off shore platforms, fill up, and off they go to the highest bidder!

 

 


was it really necessary to say "turd" world countries?
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities