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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

Comment by jimgeorgeon Sep 22, 2022 8:44pm
216 Views
Post# 34980627

RE:RE:RE:RE:ReconAfrica Enters Definitive Deal To Increase Namibian Kava

RE:RE:RE:RE:ReconAfrica Enters Definitive Deal To Increase Namibian KavaGrow up Pacer, you know EXACTLY what I meant - Recon has a license to explore and develop ALL of the basin, there are NO other oil and gas companies with licenses in the basin, nor are there any unlicensed parts of the basin.  Saying they "own" the basin is normal industry shorthand.

Admit you're wrong in your statement that Recon is holding the well results tight to acquire additional properties.
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