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

Reconnaissance Energy (Africa) Ltd > On shore verses off shore …

<< Previous

Bullboard Posts

Next >>

Comment by pacer001on Jan 14, 2024 4:38pm

225 Views

Post# 35826137

RE:On shore verses off shore …

Probably so. If companies really thought there was oil where Recaf is they would be knocking on Recaf's doors wanting in. As far as I can tell no knocks. The action all seems to be offshore with a lot of purchases, joint ventures, infrastructure builds, etc.

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth