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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 grenouilleon Mar 14, 2022 9:15am
151 Views
Post# 34511171

RE:RE:Electric cars to run-really cheaper?

RE:RE:Electric cars to run-really cheaper?a large portion of our electricity is generated by oil and gas.  as o&g prices rise, this WILL be reflected in electricity prices.
solar doesn't work at night.
turbines don't turn when it's calm.
to increase hydropower, we must build some new rivers, and mountains for them to flow from.
nuclear is political kryptonite.

fossil fuels will be with us for a long time.

eventually, people will accept nuclear.    ...but not soon.  (cold fusion?)
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