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 > Loose Lips Sink Ships

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Comment by Yo_Dogon Sep 21, 2022 9:07pm

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Post# 34977996

RE:RE:RE:Loose Lips Sink Ships

JG
I don't know the rules in the O&G sector, but materail change in the public markets is material change. I have held other oil stocks with tight hole status, but It's been so long, I don't remember what transpired, except the wait was painful even though it was material.
I have to wonder and maybe you can sheld some light on this query. It's been 3 weeks since they announced TD. Why nothing in 3 weeks, what could they be doing?

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