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 > We are funded..for what????

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Post by Wynjoeon Feb 08, 2022 12:53pm

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Post# 34409183

We are funded..for what????

To drill a few holes in the ground while giving millions to a broken down government. Where is future profits?There will be that many shares issued in the end that the cost of oil recovery with a profit is nil.Who are the fools today to pay more then what current issue price is?Then again I know....the scammers that's behind this fiasco,lol.MAJOR SELL.. FOSSIL FUELS FUTURES FU_KED...

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