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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 BebeRebozoon May 02, 2022 5:05pm
201 Views
Post# 34649096

RE:EU Plans to Court Africa to Help Replace Russian Gas Imports

RE:EU Plans to Court Africa to Help Replace Russian Gas ImportsA few years ago, more than a few years ago actually, I made some good coin on a stock called "First Calgary Petroleum".  They were looking for an elephant in Algeria I believe.  They found some major league gushers there, including a lot of gas.  I always wondered why Europe wouldn't be tapping those reserves instead of buying from Putin and his thugs.  Now I hope that they have woken up.
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