Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): V.RECO.WT | RECAF

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 > there is commercial oil or gas there

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Comment by RawSiennaon Apr 09, 2023 11:56am

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Post# 35385821

RE:there is commercial oil or gas there

Yeah, it's not like every other government in the world is not without internal problems and scandals, look at Canada with SNC-Lavalin which is still in business as far as I know. If there is oil or gas there, this will be a nothingburger. Did Reco even initiate it? as far as I can tell it his suspension has to with a contract in Angola.

https://en.wikipedia.org/wiki/SNC-Lavalin_affair#:~:text=The%20SNC%2DLavalin%20affair%20(French,Prime%20Minister's%20Office%20(PMO).

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