written by reader Two Ways To Win Big On The Oil Price Rebound: Oilprice.com, ReconAfrica, RECAF

By walt949, September 29, 2020

Oilprice.com recently ran a story on oil plays for the (hypothetical?) rebound in oil prices. https://oilprice.com/Energy/Energy-General/Two-Ways-To-Win-Big-On-The-Oil-Price-Rebound.html
I like the site and do follow it not just for oil pricing but for lots of other stories dealing with energy problems. ANYWAY, in the story in question under the #2 heading “The Ultimate Discovery Play: Recon Energy Africa (TSX.V: RECO, OTCMKTS:RECAF)” a Canadian oil junior Reconnaince Energy / ReconAfrica https://reconafrica.com/ is briefly profiled along with some tantalizing details of an African oil discovery in the Kavango Basin in Namibia and Botswana.
“The Kavango Basin isn’t just one of the last likely onshore oil discovery patches in the world. It’s not just a basin that’s bigger geographically than Eagle Ford and could be the best contender for a repeat of the American shale boom… This small $50M market cap company has managed to do what is normally impossible for a company of this size: It has secured an entire sedimentary basin with an estimated 18.2 billion barrels of oil in place… It’s the junior play with big play characteristicsR