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).

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Reconnaissance Energy (Africa) Ltd > Another nail in the coffin - from its own government!

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Comment by Yo_Dogon Dec 09, 2022 11:03am

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Post# 35161675

RE:Another nail in the coffin - from its own government!

That's interesting Pacer. Didn't know the CDN gov supported any O&G here. Several years ago our superior leader, JT, villainized the industry. There are countless projects in some form of permitting limbo and the scuttlebutt is they will stay so.

We will see higher gas prices here with the 'wizards of knowledge' we have leading the charge.

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