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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 Angus66on Dec 24, 2022 12:01pm
332 Views
Post# 35191086

Recon stock

Recon stockRegardless how things turn out with Recon it is a small part of a diversified portfolio of many stocks, land, pensions etc that i hold. So the ranting of those on this board about how worthless recon stock is is a tiny humorous distraction for me. 
Now that being said i am here to make money of course and lately it doesnt look good but like i said it will take patience because this is wildcatting for oil which is hit and miss at best but it is interesting for me as i have worked in the patch for over 40 years.
Lets try and enjoy the journey here. 
All that being said id like to wish everyone a very Merry Christmas and healthy Happy New Year.
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