05:42:45 EST Mon 06 Dec 2021
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Reconnaissance Energy Africa Ltd
Symbol RECO
Shares Issued 107,361,324
Close 2020-12-22 C$ 2.25
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Globe says ReconAfrica's drilling has UNESCO worried

2020-12-23 08:24 ET - In the News

The Globe and Mail reports in its Wednesday edition that a Canadian oil company's drilling plans in a remote region of southern Africa could endanger two World Heritage sites in Botswana, including the renowned Okavango Delta, according to a UNESCO statement. The Globe's Geoffrey York writes that the United Nations agency, which maintains a global list of more than 1,100 World Heritage sites of "outstanding universal value," warned this week that it has concerns about the petroleum project of Vancouver-based Reconnaissance Energy Africa. The company announced this week that its main drilling rig, purchased in Houston, has arrived at its site in the Kalahari Desert in eastern Namibia after being shipped across the Atlantic Ocean. It is scheduled to begin drilling operations in early January and insists that its activities will not damage the environment or the heritage sites. The UNESCO World Heritage Centre said it is "following with attention and concern" the ReconAfrica project, which could affect the Okavango Delta and a second World Heritage Site, Tsodilo Hills. Both sites are in western Botswana, near the Namibian border and near the company's licensed exploration area in the two countries.

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