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).

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Reconnaissance Energy (Africa) Ltd

Bullboard Posts

Comment by rdwwon Jan 19, 2004 5:08pm

195 Views

Post# 6918085

NEXT - reprice the wts and options?

why not - it's been a sad sad mtk and those options are higher than the current 45 cents - if they can just lid it here for another 2 mths I'm sure that they will be able to convince themselves they are worth the expenditure of shrholder money to petition the TSX to relent and help them out - WEASELS -13MM FD and growing and nothing new on the ground and IR thinks they are gonna pop

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