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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

Comment by RawSiennaon Apr 12, 2023 5:56pm
91 Views
Post# 35391681

RE:Again what an un informed idio..t

RE:Again what an un informed idio..tNarine said 3 onshore and 3 offshore in the article...

"Given the amount of activity in the Guyana basin today, it is difficult I am sure, for your readers to imagine what it was like for a tiny company like CGX to participate in the drilling of three offshore wells, two of which it operated directly and the operating of three onshore wells, through our 62 percent owned subsidiary, ON Energy Inc.,” he added.

https://www.kaieteurnewsonline.com/2022/02/20/cgx-pumped-us350m-for-more-than-20-years-before-landing-on-kawa-1-discovery/

And in their 2000 annual report they say...

"The largest expense item in 2000 was the write-off of the Horseshoe West well, which was dry and abandoned.

https://www.annualreports.co.uk/HostedData/AnnualReportArchive/c/TSX-V_OYL_2000.pdf
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