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

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Post by Megaminedon Jun 11, 2024 3:14pm

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Post# 36083283

Craig Steinke

Any chance this whole Joint Venture was dependent on Craig Steinke leaving his role within the business?
Could this have been the hold-up in the process up to now? Sounds like this will be resolved very shortly. Hopefully we'll have some good fortune with the next drilling operation and it will kick this company back to life with the share price to follow.
GLA

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