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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 vitreum3on Dec 08, 2022 1:17pm
200 Views
Post# 35159624

RE:RE:Compliance Due Diligence

RE:RE:Compliance Due Diligence Pacer001 --- with this tock, bad news comes up with amazing regularity so one never has to wait long for the next schmozzle. Does not matter how much lipstick they paint on this thing, they cannot make it pretty enough to get a JV partner, a data room and a warm lasting hug from the market. I cama away from that call thinking  they have nothing but hopes of a miracle and those hopes are getting fainter and mre forlorn!

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