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 > oil, gas, and money

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Post by peterj99on Dec 12, 2022 3:50pm

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Post# 35166931

oil, gas, and money

I don't care who else makes money with RECO
Mainly because I can not spend their money

My take: Some agree that RECO has "proven oil and gas shows"
I take that to mean there is oil and gas there
It then becomes only a question of time
a partner or many partners should help
Swiss cheese the land
It is by far too large for one company
It is in 2 different countries LOL

I don't think mother nature looked down, saw a few minnows and gold fish and a clump or 2 of sea weed and said "I think I will lay zillions of tons of rock on that and make a cup of oil for the neanderthals"

They can heat their cave with it for a day or 2

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