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 > Case Study

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Comment by pacer001on Aug 13, 2022 3:13pm

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Post# 34894209

RE:RE:RE:RE:Case Study

Since Mr. Duck bashes Recaf relentlessly he obviously doesn't have any shares.

Then why? I doubt he really cares about us shareholders; thus he is paid to try to drive Recaf down. There is no shortage of bad actors that don't want Namibian oil on the market or Recaf to succeed. Besides the big oil gang we have the Saudi's who already have lost half the South African market to cheaper Nigerian and other African oil.

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