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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.WT | RECAF

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 > Russians want in on Namibian oil?
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Post by pacer001 on Jul 29, 2023 4:41pm

Russians want in on Namibian oil?

The Russia-Africa Summit just concluded and there has been a lot of glowing press about it and in particular how Russia helped SA and Namibia during the apartpid times. Now they seem to want in with their old allies in Namibia. But one problem: the Chinese are already heavily in Namibia.

Would it not be wonderful for us if the Russians and Chinese got into a bidding war for Recaf?

See below:

"Russian companies have shown interest in Namibia’s natural resources, including the mining and energy sectors."

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