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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Good for us ... or not?
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Post by CammerRec on Sep 17, 2021 2:06pm

Good for us ... or not?

As you may have heard the Saudi's (to me at least) surprisingly are having some success against Yemeni Houthis next door to them having curtailed missile and drone strikes against them. I wonder if this is impacting the decline in oil prices.
Comment by crude on Sep 17, 2021 2:37pm
https://www.namibian.com.na/211815/archive-read/Kavango-oil-driller-paid-Katti-as-media-consultant
Comment by CammerRec on Sep 17, 2021 5:51pm
This is old news and should not really surprise any one that has invested in Africa. But to be fair, these close ties exist in the Western world but they are more subtle and sophisticated.  As to president Hage Gottfried Geingob, we should not be surprised that he is "involved" with his "associates" in that he is from this area. Indeed I think this is good for us ...more