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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

Post by pacer001on May 30, 2022 5:31pm
230 Views
Post# 34718248

Recaf’s drilling of water wells for the Namibians is ...

Recaf’s drilling of water wells for the Namibians is ...... looking like a great move more and more; especially with the Chinese restarting two Namibian uranium mines that use gazillions of precious Namibian water. Also the Recaf wells will not only save lives by providing convenient safe water but by keeping people from dangerous water holes where they are often attacked and eaten by crocs, tigers,lions, etc.

 I hope Recaf is putting pr on their good deeds in Namibia to build good relations unlike the Chinese who are widely seen as oppressors and exploiters and are being despised and hated more and more.

Example:
"Second, the Chinese business people, investors as they are being called here, are notorious in violating Namibian labor laws. They have a bad reputation here in Namibia for violating the rights of Namibians,” he says."
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