Reconnaissance Energy Africa Ltd (RECAF)

$0.62 +0.02 (3.35%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 667,400
Avg Vol 1,723,500
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 79%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconnaissance Energy Africa Ltd. is headquartered in Calgary, Canada.

Industry: Oil & Gas E&P
Sector: Energy
Address:
635 – 8 th Avenue SW, Calgary, Canada
MuzunguZanz
MuzunguZanz May. 13 at 10:37 PM
$RECAF ill start worrying when we are at $22/share next year
2 · Reply
Pampatrader2
Pampatrader2 May. 13 at 9:40 PM
$RECAF Just another day...
1 · Reply
marvessa
marvessa May. 13 at 9:20 PM
$RECAF convinced we will not fail
0 · Reply
vlad0
vlad0 May. 13 at 8:44 PM
$RECAF This is one of many moves that the company has made demonstrating incredible confidence in the commerciality of kw-1x. That confidence was never so obvious than the time when Brian looked the offshore competitors in the face and said, "When it comes to first production.. its game on"
0 · Reply
RubberRoad
RubberRoad May. 13 at 8:24 PM
$RECAF
0 · Reply
OTC85
OTC85 May. 13 at 8:23 PM
$AMFN .. $NUAI $RECAF $NEGG
1 · Reply
ReaIAlpha
ReaIAlpha May. 13 at 8:23 PM
$RECAF I have decided to upgrade my future car from an Aston Martin to this Perhaps I will buy both! May upgrade my oil advisors as well 😝
5 · Reply
RocketAppliances101
RocketAppliances101 May. 13 at 7:56 PM
$RECAF Since we don't know what's going on in London.. here's some potential segue: Moderator: Thank-you Brian for making the time & for ReconAfrica being the official water bottle sponsor of the Africa Energies Summit. Brian: My pleasure. Believe it or not, this is actually RO water from the water wells we've provided to communities, as part of the N$112M we've committed to Environmental, Social, and Governance (ESG) projects in Namibia.
4 · Reply
Nedomansky
Nedomansky May. 13 at 7:35 PM
$RECAF "ReconAfrica continues to take the steps required to advance appraisal drilling locations on the Kavango discovery. Preparations for the appraisal well are proceeding with specific site selection and permitting work underway." Pop Quiz: Does anyone know why Recon Africa chose to specifically end the press release this morning with concrete discussions of "The Appraisal Well"? Oil Advisors reading this and going hmm!
12 · Reply
Martianlanding
Martianlanding May. 13 at 7:35 PM
$RECAF so far nothing from England. No videos ?
0 · Reply
Latest News on RECAF
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MuzunguZanz
MuzunguZanz May. 13 at 10:37 PM
$RECAF ill start worrying when we are at $22/share next year
2 · Reply
Pampatrader2
Pampatrader2 May. 13 at 9:40 PM
$RECAF Just another day...
1 · Reply
marvessa
marvessa May. 13 at 9:20 PM
$RECAF convinced we will not fail
0 · Reply
vlad0
vlad0 May. 13 at 8:44 PM
$RECAF This is one of many moves that the company has made demonstrating incredible confidence in the commerciality of kw-1x. That confidence was never so obvious than the time when Brian looked the offshore competitors in the face and said, "When it comes to first production.. its game on"
0 · Reply
RubberRoad
RubberRoad May. 13 at 8:24 PM
$RECAF
0 · Reply
OTC85
OTC85 May. 13 at 8:23 PM
$AMFN .. $NUAI $RECAF $NEGG
1 · Reply
ReaIAlpha
ReaIAlpha May. 13 at 8:23 PM
$RECAF I have decided to upgrade my future car from an Aston Martin to this Perhaps I will buy both! May upgrade my oil advisors as well 😝
5 · Reply
RocketAppliances101
RocketAppliances101 May. 13 at 7:56 PM
$RECAF Since we don't know what's going on in London.. here's some potential segue: Moderator: Thank-you Brian for making the time & for ReconAfrica being the official water bottle sponsor of the Africa Energies Summit. Brian: My pleasure. Believe it or not, this is actually RO water from the water wells we've provided to communities, as part of the N$112M we've committed to Environmental, Social, and Governance (ESG) projects in Namibia.
4 · Reply
Nedomansky
Nedomansky May. 13 at 7:35 PM
$RECAF "ReconAfrica continues to take the steps required to advance appraisal drilling locations on the Kavango discovery. Preparations for the appraisal well are proceeding with specific site selection and permitting work underway." Pop Quiz: Does anyone know why Recon Africa chose to specifically end the press release this morning with concrete discussions of "The Appraisal Well"? Oil Advisors reading this and going hmm!
12 · Reply
Martianlanding
Martianlanding May. 13 at 7:35 PM
$RECAF so far nothing from England. No videos ?
0 · Reply
RocketAppliances101
RocketAppliances101 May. 13 at 7:32 PM
$RECAF So. No good tea spilt yet & nothing in the leaves of the NR.. So when do you think we purchase Jarvie-2?? A nice 1500-2000hp Triple that can do more than just tickle the Elandshoek, then jump around proving up proving up prospects & leaving farms in our wake..2 wells, 4 wells,.. 20 wells.. Pre or Post FID? Would be nice for them to drop that on us soon.. I just can't see them NOT doing this sooner than FID, but after appraisal well. We get 22.5$2M after FID from BW, $5M 60 days after sale of first 'commercial hydrocarbon production'.. which we could potentially (but unlikely) see before final investment decision next year (They know there's gas too & are going to reinject the gas until they can put it to market). That could cover a decent rig & be a nice expenditure of the bonus cash IMO. What do y'all think? 🐂
0 · Reply
WhiteMountainYahoo
WhiteMountainYahoo May. 13 at 7:30 PM
$RECAF Stupid Brian moving the date again...I hate stupid carrots....oh well...........carry on
1 · Reply
twodollarred
twodollarred May. 13 at 7:30 PM
$RECAF Some of yall just. Fuggin stop.
0 · Reply
TONYROSS
TONYROSS May. 13 at 6:23 PM
$RECAF Was just reviewing my list of Recaf buys over the last week and a half since right after the manipulation started. Every single one came in under the limit ask.
0 · Reply
Letsmake1
Letsmake1 May. 13 at 6:23 PM
$RECAF BW...his main partner owns 22 mil of those warrants so don't count on it champ
0 · Reply
PlasticBean
PlasticBean May. 13 at 6:17 PM
$RECAF REMEMBER WHEN I TOLD YOU NOT TO LISTEN TO CLOWNBIGELOW THE PAID PUMPER WHO CLAIMED TO HAVE 7 FIGURES IN THIS LMAOOOO
3 · Reply
Bunkerwelt
Bunkerwelt May. 13 at 6:16 PM
$RECAF stack Silver
0 · Reply
BigTforRecon
BigTforRecon May. 13 at 6:13 PM
$RECAF Yes, booking a new oil well reserve generally increases a company's stock value, as reserves are considered the primary asset of an oil and gas company, representing future revenue and longevity. Booking these reserves—formally adding them to the balance sheet as "proved reserves" following SEC guidelines—signals increased company value to investors.Key Points on Reserves and Stock Value:Proved vs. Probable Reserves: The market reacts most positively to "proved" reserves (economically producible with reasonable certainty). Proved Developed Producing (PDP) reserves are valued most highly, followed by Proved Undeveloped (PUDs).Signaling Growth: When a company announces a new, large booking of reserves, it demonstrates successful exploration or acquisition, which increases investor confidence and usually boosts the stock price.
0 · Reply
Ollieoil
Ollieoil May. 13 at 5:58 PM
$RECAF shes got more juice than the whole of namibia
1 · Reply
Itsrelative703
Itsrelative703 May. 13 at 5:38 PM
$RECAF. Hopefully Brian is stalling so that the July warrants expire.
0 · Reply
TAOKEN
TAOKEN May. 13 at 5:34 PM
$RECAF COA says relax, July instead of June flow--- so what. The juice, the best things that the Universe holds are worth waiting for. Oil and gas is going to wait a few extra weeks to PERK us up....enjoy the ride.
2 · Reply