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RECONNAISSANCE ENERGY AFRICA LTD (RECO)
EquityOpen
0.93 CAD
Previous close
0.94 CAD
Trade high
0.96 CAD
Volume
1,172,535
Year high
1.35 CAD
Year low
0.395 CAD
Dividend yield
–
Market capitalisation
324.20 mn CAD
P/E ratio
2.85
ISIN
CA75624R1082
This share can be held in a Dealing accountSIPP
Share price
Company profile
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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