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ReconAfrica Corrects Resource Estimates
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ReconAfrica Corrects Resource Estimates

Reconnaissance Energy Africa Ltd. (TSE:RECO) has released an update.

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Reconnaissance Energy Africa Ltd. has issued a clarification on previous resource estimates, correcting figures from 1,370 Bcf to 778 Bcf for the Company’s prospective natural gas resources, based on an updated report by Netherland, Sewell & Associates, Inc. The company emphasizes its commitment to environmental standards and anticipates a new report focused on the Damara Fold Belt in March 2024.

For further insights into TSE:RECO stock, check out TipRanks’ Stock Analysis page.

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