Equities

Reconnaissance Energy (Africa) Ltd

Reconnaissance Energy (Africa) Ltd

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  • Price (EUR)0.763
  • Today's Change0.107 / 16.31%
  • Shares traded1.00k
  • 1 Year change-16.57%
  • Beta--
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About the company

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

  • Revenue in CAD (TTM)4.89m
  • Net income in CAD-38.75m
  • Incorporated1978
  • Employees7.00
  • Location
    Reconnaissance Energy (Africa) LtdBentallPO Box 48326VANCOUVER V7X 1A1CanadaCAN
  • Phone+1 (604) 331-8772
  • Fax+1 (604) 331-8772
  • Websitehttps://reconafrica.com/
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