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

Reconnaissance Energy (Africa) Ltd > Jim George or any other knowledgeable oil guy

<< Previous

Bullboard Posts

Next >>

Comment by peterj99on Oct 17, 2022 7:20pm

245 Views

Post# 35030294

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

Thanks

Your explanation is always great

My take on the delay
RECO is following the rules closely
They are not looking for a suspension or any other "bad mark"

So, I think they probably met with the "market surveillance" and were granted an extension.

My guess is there was a mechanical breakdown of testing equipment

I am just speculating as I have no real info

again, thanks jimgeorge

I would appreciate your comments

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario