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 > Drill, Baby, Drill

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Post by Oregonduckon Jul 01, 2022 1:57pm

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Post# 34796485

Drill, Baby, Drill

Jarvie went drilling for oil in Namibia

He drills a hole, and waited for a gusher.
Suddenly he hears a loud voice from above, saying ‘THERE ARE NO OIL THERE.’
He pulls up a little confused, and moves to another spot, drilling another hole and hoping to find oil.
Once again, he hears: ‘THERE ARE NO OILTHERE.’
Trembling, he looks up. ‘Ahhhh...Are you G-God?’
‘NO. I AM NAMCOR AND WHERE'S OUR CASH AND SHARES'

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