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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 29, 2023 11:31pm
210 Views
Post# 35469617

Recaf US lawsuits in consolidation

Recaf US lawsuits in consolidationThe last time I waded into the Recaf legal morass they were trying to consolidate the many lawsuits in Brooklyn and vote on lead plaintiff, lead consul, etc.

Many years ago I landed up being a "representative litigant" in some suits against a large utility that blew up dozens of people. It went on for endless years in endless jurisdictions before we finally got some settlements. But in the end we dragged them through hell and it got out how rotten and corrupt they were. So sometimes it just is not all about the money.
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