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 > Jim George or any other knowledgeable oil guy

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Comment by peterj99on Oct 06, 2022 6:12pm

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Post# 35010863

RE:RE:Jim George or any other knowledgeable oil guy

First

Thanks

You have explained it very well
You are one of the more knowledgeable posters
I have been critical of your earliest post

Having said that
if you can indulge me with another question:

Does material info need to be disclosed before all the testing is completed?

I'm guessing that is it possible to know that oil is actually present but RECO is trying to determine how much and the quality

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