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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).


TSXV:RECO - Post by User

Post by pacer001on Aug 27, 2022 8:59pm
312 Views
Post# 34924877

The key is the Chinese -they know what Recaf is doing

The key is the Chinese -they know what Recaf is doingThey have a state-of-the-art satellite over Namibia and massive local support and intelligence op in Namibia. If anyone knows what Recaf and others are doing in Namibia they know.

"In 2018 Namibia and China signed an agreement on the establishment of the Remote Sensing Satellite Ground Receiving Station through the Chinese grant funding system. The station will enable Namibia to obtain satellite remote sensing data covering its land and sea territory to conduct research on domestic natural resources, agriculture, disaster mitigation and addressing climate change etc. The station includes antenna feed subsystem, channel subsystem, data recording and transmission subsystem and control subsystem. Besides, China will also provide technical training to 10 local engineers and send experts to Namibia for joint research and development."
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