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 > Mr. Duck here is why the oil can not collapse

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Post by pacer001on Jul 06, 2022 7:30pm

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Post# 34806846

Mr. Duck here is why the oil can not collapse

... at least here you in the US. There is not that much of it in the system - even with the government releasing from the strategic reserve. The latest figures out today show the central oil depository in the US at barely above the 20 million barrels to keep the system functional. See below the quote from today's OP report of EIA figures.

"Official EIA inventory Cushing inventories for week ending June 24 was 21.261 million, down from 22.043 in the prior week."

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From now on, dynaCERT instead of Bitcoin or NVIDIA?