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 > "BETTING" big on oil....

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Comment by RetirementBobon Feb 03, 2022 1:17pm

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Post# 34393840

RE:"BETTING" big on oil....

IMHO clearly you are trying to distort the truth. They have sufficient cash on hand to drill at least the next 3 wells and run the next 500 KM of seismic. They have clearly stated this multiple times. It seems you are ignoring the facts so you can create your own in an attempt to scare honest investors into selling.

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload