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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

Post by pacer001on May 11, 2023 5:11pm
219 Views
Post# 35444148

The Namibian natives are very, very restless!

The Namibian natives are very, very restless!

The Chinese have muscled out Namibian and German companies for some very lucrative road building contracts that the Germans were funding as part of their Imperial reperations scheme.

Needless to say the Namibians are really mad at their SWAPO government leaders ( was a radical revolutionary op in  the apart days ) and are threatening "action".

If all these folks are so mad at each other and ready to fight over some road building what do you think they will do if there is oil and the Chinese are running it?

I will tell you: violent fighting complete with SWAPO's favourite intimidatin tool: "necklacing" ( where they take tires, soak them well in petro, put them around the victims neck, light them up and then watch as the poor bloke runs screaming down the road!) - a very effective means of getting what they want!


 

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