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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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Some chatter
View:
Post by Bpultra on Nov 23, 2022 12:48am

Some chatter

https://africaoilgasreport.com/2022/11/oil-patch-sub-sahara/reconafrica-to-test-the-karoo-rift-in-wisdom-5-1-well/
https://www.zawya.com/en/press-release/africa-press-releases/african-upstream-activity-trending-higher-in-2023-whats-driving-the-increase-by-nj-ayuk-vxdsby81
Comment by Oregonduck on Nov 23, 2022 11:55am
Like neighboring South Africa's Karoo basin, it may host shale oil or gas similar to Permian shale. It is not worth anything as fracking is not allowed. 
Comment by pacer001 on Nov 23, 2022 12:22pm
Mr. Duck as to your comment that "fraking is not a allowed" that may be true for the present but how long will that last with the desperation for energy?  I have been investing in South African companies, like SBSW, for over 10 years and will tell you the people there are not as accepting and passive as they are in the US. When things get bad enough they will riot big time and ...more  
Reconnaissance Energy (Africa) Ltd
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