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 > Good and useless posters

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Comment by jimgeorgeon Jul 25, 2022 11:55pm

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Post# 34850042

RE:Good and useless posters

Thanks for the shoutout Peter! For all those bashers who keep saying Recon is finished, they have nothing, they're going to zero, etc all I can say is they have a sedimentary basin, they have some sort of oil shows (I'm still not sure how good those shows really are), they have money to drill more wells...they're a long way from dead!

Obviously they may drill nothing but dry holes. Then the gig would be up. But that's a long way off still.

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