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 > Why only drilled to 6, 858 feet down?

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Comment by rexdunxon Aug 30, 2022 9:07pm

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Post# 34931275

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

Oh it's a good sign all right and there are plenty of people stuck in this right now with huge short positions. I guess keep that in mind when reading these boards. If we look at the time period between the 6-2 well TD NR and the follow up data NR releasing , well they have about a week to cover. They hit all geological targets :) Sounds "quite prospective" ;) Good luck!

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