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) acquisition of the rights to Namibia’s giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system. It’s captured our attention for several reasons; not the least of which is that onshore discoveries are pretty much a thing of the past, except in the final frontier of Africa, where Namibia—which has never produced a barrel in its history—is anxiously awaiting the possibility of its day in the energy spotlight. It’s also captured our attention because this is a junior explorer who is sitting on what we think is a super...

) This is the junior oil explorer that has surprised the markets in Namibia’s giant Kavango Basin—the final frontier of onshore oil. From January 1, 2021, to June 23, 2021, ReconAfrica gained over 580% in valuation. And it appears it came out of nowhere. It also looks to have been a major target of what we believe are dubious short-selling campaigns and spoofing, but we think it’s held its ground against them all, precisely because it’s sitting on what some say could be the last big onshore conventional oil discovery the world will ever see. And not only that … it’s backed by vete...

) announced early findings from the first of their initial 3-well drill program in Namibia’s 6.3-million-acre Kavango Basin. It came as a surprise to many of us: Results indicated signs of a working petroleum system after only the first test drill.  On June 3rd, investors got another surprise when RECO announced further indication of a working petroleum system in the shallow section of its second well.  Now, we’re waiting for an announcement about the completion of the second drill to 12,500 feet, which we think should be any day now.  Previous projections have compared the possible nu...

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