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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

Post by pacer001on Apr 24, 2023 7:44pm
227 Views
Post# 35411460

Really botched pr by Recaf?

Really botched pr by Recaf?

I have been diving into the local media and why the locals are so upset why they have not seen the benefits of the "huge oil discovery in the Namibian East". 

Now you and I know that there is no big "confirmed " discovery but just some exploring and testing. Well apparently the locals don't! They see the equipment and crew and not knowing how oil operations really work have concluded that Recaf had indeed hit it "BIG"!

This is really bad, bad local pr; especially since we have the daughter of a major Namibian general doing local pr in the region- supposedly. 

Recaf activities in the region should have been exhaustedly explained to the locals and their expectations set low and made to understand that Recaf is just starting out on a long journey that will take much time and patience.

Yet another Recaf blunder!

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