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).

TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Globe and Mail (dated Oct 4, 2022)

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Comment by pacer001on Apr 10, 2023 9:49am

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Post# 35386468

RE:RE:Globe and Mail (dated Oct 4, 2022)

No they actually went to Nova Scotia. Recaf is a very tangled web with all sorts of shady characters spanning the globe.

I am surprised that so far there have been no arrests concerning all the shady shenanigans and characterecthat have been going on. At least the stock should be suspended from trading.

"The separate RCMP investigation has focused on two issues: ReconAfrica’s stock promotion activities and its relations with politically connected figures in Namibia."

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