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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

Post by curious14on Dec 07, 2022 11:26pm
314 Views
Post# 35158124

Interesting

Interesting

Energy crisis, climate and colonial history

Economics Minister Habeck is traveling to Namibia and South Africa for several days today. On site, the focus should be on energy supply and climate protection. But the Vice Chancellor also has to face up to German colonial history.

Strong wind, almost always sun, lots of open land. Ideal conditions for the production of green hydrogen. The hopes that German companies, but also the federal government, are pinning on Namibia are great. There is probably "no better place in the world to produce hydrogen from wind and solar energy cheaply," says Reiner Baake, director of the Climate Neutral.


In July, the former state secretary was appointed special representative for German-Namibian climate and energy cooperation by Economics Minister Robert Habeck. 
Habeck and the Namibian Energy Minister Tom Alweendo signed the cooperation agreement in March. During the trip, which starts on Sunday, the talks will focus on the agreement and the question of how the cooperation between the two countries in the field of hydrogen economy can be expanded.

c14
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