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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 Yo_Dogon Dec 01, 2022 8:04pm
169 Views
Post# 35145000

RE:Wisdom 5-1 Well

RE:Wisdom 5-1 WellMr Duck
Hard to determine if there is any flowing oil in 6-2 and 6-1 since the rig drilling those did not drill a well capable of flow testing, as I understand it. 

I don't know the history of Jarvie, but I hope you are wrong or stretching the truth on the MX oil. 

I'm still concerned with the fact that the very positive news article wherein Grayson was talking about the positive results from 8-2 was left out there for such a long time. I checked the news article link every week/10 days.  Then when the results came out I checked it (was about a week in between check ins) and there was a rebuttal from Grayson!!!!!  This is the one that is most bothersome. It reminds me of a Vancouver ... job!  Oh, let's not forget that video that floated as well. 

I'm hoping they spud the next well or get a partner to start the share price on the upward trend. I suspect there will be more ‘positive stories’  during drilling. The question is ... will I lighted up during that process? I will pick up a position at some point, likely after they spud, for a trade.  I for sure will be more 'discerning' of the company, not because they drilled no oil in 8-2, but because their actions and lack of actions ... are just  .... well, enough said. 

Come on RECO, start drilling/get a partner and start process ... again!  

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