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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Reconnaissance Energy (Africa) Ltd > Why only drilled to 6, 858 feet down?
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Comment by Wynjoeon Aug 30, 2022 8:36pm
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Post# 34931229

RE:RE:RE:RE:Why only drilled to 6, 858 feet down?

RE:RE:RE:RE:Why only drilled to 6, 858 feet down?You are absolutely right, Dry hole and useless management. Terrible news release and anyone who looks at this differently is dreaming.Gone from a 50/50 gamble for an oil strike, to 10 to 1 favoring bankruptcy. At least the people of Namibia have more water albeit on our dime.We tryed,we lost.
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