ReconnaissanceCA75624R1082RECORECO
Financials
Market Cap
$117.37M5Y beta
1.42EPS (TTM)
$0.0746Free Float
209.36MP/E ratio (TTM)
7.49Revenue (TTM)
$3.55MEBITDA (TTM)
-$19.07MFree Cashflow (TTM)
-$37.24MPricing
Analyst Ratings
The price target is $1.089 and the stock is covered by 1 analysts.
Buy
0
Hold
1
Sell
0
Information
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.