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 > Suckers Rally

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Post by Oregonduckon May 25, 2023 3:02pm

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Post# 35464368

Suckers Rally

A fluff piece of a News Release. No outside third-party geophysicists are prepared to give an expert opinion on the latest eFTG and 2D seismic reports.

"...Shiraz Dhanani, Reconnaissance Energy Africa's chief geophysicist, stated: "In the absence of 3-D seismic, lateral continuity and mapping of structures is compromised because of the uncertainty in interpolation between more widely spaced 2-D seismic lines. eFTG enables us to overcome this unpredictability."

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