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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
RECAF
|
V.RECO.WT
|
RCNWF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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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TSXV:RECO - Post Discussion
Reconnaissance Energy (Africa) Ltd
> Is there oil in the Kavango Basin?
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•••
Oldschool2022
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Post by
Oldschool2022
on Sep 11, 2022 7:40am
Is there oil in the Kavango Basin?
Is there oil in the Kavango Basin?
Located in the Okavango wilderness region of Namibia and Botswana, the massive Kavango Basin is
thought to hold more than 30 billion barrels of crude oil
. The field is larger than Belgium, with energy news site Oilprice.com predicting it could be the “largest oil play of the decade
(58)
•••
pacer001
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Comment by
pacer001
on Sep 11, 2022 3:19pm
Old news oldschool but still a goodie!
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