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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | 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).


TSXV:RECO - Post by User

Comment by Kyle61452on Oct 25, 2024 6:38pm
227 Views
Post# 36282871

RE:RE:RE:It a pump and dump !

RE:RE:RE:It a pump and dump !Yes! But don't think of it as a always or never type of thing. It's more of a "changing tide" in the scheme of geologic time! There is layers of shale which would indicate lots of water and pressure, but then limestone and dolostones which would be more like a shallow lake coast line. There was clearly plenty of scenery changes for this area over some tens or millions of years! 
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