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Share: VANCOUVER, BC, June 28, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV:RECO) (OTCQX:RECAF) (Frankfurt: 0XD) provides the real facts in response to falsehoods and distortions from a recent short seller's report. Short Seller's False Claims about ReconAfrica The short seller report published on June 24, 2021 which falsely claims that no petroleum exists in the Kavango Basin completely ignores prominent geoscientists with decades of international experience, who have all verified that ReconAfrica's data clearly confirms a working petroleum system. ...

ReconAfrica begins drilling for oil along the west coast of Africa The company hopes investors see the potential of the area as “the final frontier” in oil. Imperium Group ReconAfrica, a junior oil and gas exploration and development company, has begun drilling in the Kavango basin, located along the west coast of Africa. Owning 8.5 million acres within the region, the company has sole access to what one analyst predicts may generate up to 120 billion barrels of oil. “Given the nature of this basin and the tremendous thickness, this is pretty much a no-brainer… it will be productive a...

The Most Important Oil Find Of The Next Decade Could Be Here - FN Media Group Presents Oilprice.com Market Commentary LONDON, Jan. 14, 2021 /PRNewswire/ -- Oil discoveries are on the decline, but with prices bouncing back, junior explorers are quickly becoming the talk of the town. Especially those with a presence in Africa, which may just be one of the most exciting oil frontiers on the planet. Mentioned in today's commentary includes: Marathon Petroleum Corporation (NYSE: MPC), Valero Energy Corporation (NYSE: VLO), Phillips 66 (NYSE: PSX), TC Energy Corporation (NYSE: TRP). Reconnaissa...