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

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Post by pacer001on Jul 29, 2022 11:57am

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Post# 34860203

A lesson - don’t mess with Recaf! A lesson...

... anyone thinking of suing Recaf in Namibia.

Thank you Judge Makua for this decision in Recaf's favour and even making the plaintiffs pay for Recaf's legal bills! I posted and knew it wasn't going anywhere but having the plaintiffs pay for Recaf's defense was icing on the cake.

i hope this teaches anyone else contemplating frivolous and unfounded lawsuits the futility of it all and it will cost them dearly in the end!

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From now on, dynaCERT instead of Bitcoin or NVIDIA?