Reconnaissance Energy (Africa) Ltd RECAF

Primary Symbol: V.RECO Alternate Symbol(s): 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 > New Press Release - RECONAFRICA ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

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Comment by stiffupperlipon Jun 07, 2024 3:18am

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Post# 36076915

RE:RE:New Press Release - RECONAFRICA ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

Now he isn't an insider and it looks like there is one more run left (upcoming drilling program). If unsuccessful then that is the end of this story. So get out of the company and start peeling out paper before the drilling results are announced ... that is my take

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