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Reconnaissance Energy (Africa) Ltd V.RECO.WT


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


TSXV:RECO - Post by User

Post by Frank007on Oct 07, 2024 6:30pm
398 Views
Post# 36256956

Here is some advice from a geologist

Here is some advice from a geologist
the supper continent Pangea did not have an inland sea when the contents shifted and north and South America separated over millions of years there was hydro carbon materials deposited ..that is why the orange basis off shore Namibia and of shore Surinam and Guyana are the places to invest your oil money for a good explanation of how it. Works watch the Dec 11 presentation from the cgx website its about a hour long but shows how deposits form ..good luck
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