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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
V.RECO.WT
|
RECAF
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
> The Jig is Up?!!
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•••
Oregonduck
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Post by
Oregonduck
on May 10, 2023 10:40am
The Jig is Up?!!
Late last year, I predicted that this Co will have to file for bankruptcy in 6 months. I may just be right. We shall see.
(62)
•••
pacer001
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Comment by
pacer001
on May 10, 2023 2:11pm
Yes Mr. Duck you were right! Recaf has dropped out of sight and nothing positive. All that recent negative press in Namibia went unchallenged. The local folks were led to believe that oil is flowing and they were cut out of the money from it. Nothing from Recaf's Pr folks to refute this. The money dried up and now they are gone? I want to know why they spent ten of millions buying out
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