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RECAF

OTC
0.33500001 USD
0.009
2.62%
Last update Jun 6, 3:59 PM EDT
Market closed
Day range
0.33000001
0.36000001
Previous close
0.34400001
Open
0.36000001
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Reconnaissance Energy Africa Ltd.
0.34
0.01
2.62%

Overview

Description

Reconnaissance Energy Africa Ltd. is an exploration and production company focused on unlocking hydrocarbon resources in Sub-Saharan Africa. The primary function of ReconAfrica is to explore and develop significant oil and gas resources in the Kavango Basin, located in Namibia and Botswana. This region is recognized for its uncharted potential in conventional oil and gas plays, and ReconAfrica aims to establish sustainable energy solutions while adhering to rigorous environmental and social governance standards. Notably, the company engages in various strategic partnerships and employs advanced technologies to conduct exploratory operations, including seismic surveys and drilling activities. The Kavango Basin represents a frontier in oil exploration with prospects that could significantly impact energy sectors in the region. Reconnaissance Energy Africa Ltd.'s endeavors contribute not just to local economic development but also to the broader global energy landscape by potentially diversifying energy sources. Founded with a vision for responsible resource development, ReconAfrica plays a crucial role in exploring underdeveloped assets and bringing attention to the energy potential of the African continent.

About

CEO
Mr. Brian C. Reinsborough
Employees
27
Address
635 – 8 th Avenue SW
Calgary, T2P 3M3, AB
Canada
Phone
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
PSGM
Market closed

Exchange is currently closed
Pre-market opens in 1 hour 28 minutes

04:31
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Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).