Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF | RCNWF | V.RECO.WT

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 > Another Vancouver Stock Blowup

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Post by Oregonduckon Jun 17, 2022 12:48am

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Post# 34763482

Another Vancouver Stock Blowup

https://m.youtube.com/watch?v=bfs001_nJRE

Oil Minister Alweedo refutes Namcor deal as selling out Namibia's oil resources. He said there is no oil there and, therefore, no harm no foul. If ever there is first oil discovered, Reco will be out of the picture.

6-2 and 6-1 were dusters. Chances of success for the next 3 wells are only 10 percent according to Reco.

Those Geophysicists are merely soothsayers analyzing seismic data like reading tea leaves. Some here might scream, "we object" to that characterization. Lol