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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 pacer001on Dec 01, 2022 3:05pm
136 Views
Post# 35144072

RE:U were warned

RE:U were warnedHow can there be any oil? Tusumis that swept the life far inland - according to a new theory that would explain why there are dinasaur bones concentrated in northern Namibia.

But be that as it may that is the least of Recaf's problems number one being they don't have the money, and doubtful they can ever get what they need, to explore and drill on the scale needed to find serious oil. Like Alaska this could take years and gazillions of dollars to find viable oil.
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