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Reconnaissance Energy (Africa) Ltd RCNWF


Primary Symbol: V.RECO Alternate Symbol(s):  RECAF | V.RECO.WT

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 Frank007on Jan 12, 2024 5:02pm
293 Views
Post# 35824459

On shore verses off shore …

On shore verses off shore …Can not be compared especially if in water more than 300 meters deep .....on shore wells usually come in around 1 to 2 milion $ .....off shore ....our last two wells corentyne block offshore Guyana came in at 140 million$ each ....good thing not dry holes eh ....as for this pump and dump ....the central area of gotzwana  pre Cambrian Africa ..could not possibly have resourses ....google how where oil and gas is created ....and it's not the kavango basin...
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