The Most Important Oil Find Of The Next Decade Could Be Here

A potential high upside opportunity in the oil and gas sector is unfolding that offers one of the most attractive risk/reward profiles this industry has seen in quite a while. This opportunity is with a small oil explorer sitting on a supermajor-sized oil and gas basin…and yet the company is still currently flying very much under Wall Street ’s radar. Reconnaissance Energy Africa ( TSX:RECO .V; OTCMKTS:RECAF ) is a small – for the time being, anyway – $300+ million company that has secured petroleum licenses for an entire sedimentary basin in Namibia and Botswana…two extremely resource-friendly countries with very low royalties fees. This basin – as deep as the Permian – could prove to be one of the world ’s last-ever giant onshore oil discoveries. And as a new basin, the potential is likely for Conventional Oil and Gas. No Fracking, normal production profiles, low water requirements which means low cost per barrel. And Recon Africa has secured the petroleum licensing rights to the entire basin . With one of the world ’s largest onshore, undeveloped hydrocarbon basins – whose potential has been analyzed and acknowledged by some of the industry ’s most sought-after experts – the oil […]

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