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 > 16 Large Fold Structures in the Damara

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Comment by WildWilly1on Apr 04, 2023 4:01pm

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Post# 35379545

RE:RE:16 Large Fold Structures in the Damara

Wildcat Drilling is what this play is 1st & foremost, the more info you have & can utilize makes your chance of discovery more viable. Keep being negative and I'll keep being positive. You can spin whatever B.S. you want, I would rather them take some more time and try to get the best Spud location they can. You don't invest in penny stocks thinking your going to hit big in the short term, it's usually a 3-5 yr time frame.

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