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).

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Reconnaissance Energy (Africa) Ltd > news

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Comment by Ebenizer3on Jul 18, 2024 7:45am

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Post# 36137937

RE:news

ok well wrong about the JV so congratulations!! BW energy wasn't on my list or radar. I think the issue is it's not a full carry on the next couple of wells. They have taken a position in reco, and everything else is based on positive results. Again a significant discovery changes everything. Good luck!

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