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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 pacer001on Dec 12, 2022 4:43pm
197 Views
Post# 35167078

RE:oil, gas, and money

RE:oil, gas, and money

Right you are Peter! One or two wells here or there once in awhile won't cut it.

If we look back to geologist Marshall in Alaska he had no where near the tech we have today. He basically studied rocks and fossils with his trusty pick  (was very successful at it in Wyoming) and was prowling around in Alaska convincing Humbolt Oil to drill all over- which they did.

It was joked he was turning Alaska into looking like a Swiss cheese. That is the level of commitment and activity we need and from some on that is into this!

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