ReconAfrica (TSX-V: RECO)(OTC: RECAF) is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. ReconAfrica holds a 90% interest in a petroleum licence in northeast Namibia and 100% interest in a petroleum interest in northwest Botswana which covers the entire deep Kavango sedimentary basin. The Namibian petroleum licence covers an area of approximately 25,341.33 sq km (6.3 million acres) and the Botswana petroleum license comprises approximately 9,921 sq km (2.45 million acres). The deep Kavango Basin offers both large scale conventional and non-conventional play types.
ReconAfrica acquired a high-resolution geomagnetic survey of the license area and conducted a detailed analysis of the resulting data and other available data, including reprocessing and reinterpretation of all existing geological and geophysical data. The survey and analysis confirm that the Kavango Basin reaches depths of up to 9000 m (30,000 feet) under optimal conditions to preserve a thick interval of organic rich marine shales, and is anticipated to hold an active petroleum system.
Latest Stock Info
ReconAfrica enters into an Agreement with Proconsul Capital Ltd.
ReconAfrica Begins 450 km 2D Seismic Program; Kavango Basin, Kalahari Desert
Drilling Program Now In Progress; Opening Up The Deep Kavango Permian Basin, Kalahari Desert
ReconAfrica Stock Option Grants
Republic of Botswana and ReconAfrica amend Exploration License to Exclude Entire Tsodilo Hills Area
Operations Update - Drilling Rig on Location, Namibia
ReconAfrica Grants Stock Options
ReconAfrica Provides Response to IIROC Request
Kavango Basin Operations Update
ReconAfrica Granting of Stock Options
ReconAfrica (TSX-V: RECO) (OTCQX: RECAF) SVP Investor Relations Doug Allen on the Massive Opportunity in the Kavango Basin
ReconAfrica's (TSX-V: RECO) Craig Steinke on the World-Renown ReconAfrica Technical Team & the Unprecedented Opportunity at the Kavango Basin in Namibia
The Highest-Impact Oil and Gas Play in the World?