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

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Post by Matteo1234on Mar 29, 2023 6:59am

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Post# 35366307

shorts are stubborn

pappy. what did head office reply ? Stephanie

2 February, 2023

 				I emailed Investor relations on the next well time-line.
 				 
 				Reply was "The eFTG should be up in the air soon and will not be an impediment for us keeping our timeline with respect to starting to drill again by the end of February. The shoot takes less than a week as does the processing. All the seismic lines have been acquired and the last two are being processed so we are all on schedule. The rig is set up at the 5-1 and we have the permit to drill already. We should have an operational update out in the next couple weeks.
 				 
 				We hope that helps.
 				 
 				Best Regards,
 				Reconnaissance Energy Africa Ltd.