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 > The Jig is Up?!!

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Comment by pacer001on May 10, 2023 2:11pm

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Post# 35441279

RE:The Jig is Up?!!

Yes Mr. Duck you were right! Recaf has dropped out of sight and nothing positive.

All that recent negative press in Namibia went unchallenged. The local folks were led to believe that oil is flowing and they were cut out of the money from it. Nothing from Recaf's Pr folks to refute this. The money dried up and now they are gone?

I want to know why they spent ten of millions buying out the Namibian oil ministry interests. Kickbacks to the Namibian officials? Kickbacks to the Recaf officials? More likely both?

What about all the lawsuits? Investigations?

WE DEMAND ANSWERS! I lost a few thousand in this fraud!

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