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Posted by
Two Blokes Apr 21 -
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Stock
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Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) is set to unlock considerable hydrocarbon potential, analysts say, following its move into Angola announced last week. The Canadian company signed an agreement with Angola's national oil regulator, Angola's National Agency for Petroleum, Gas, and Biofuels (ANPG), granting ReconAfrica 5.2 million net acres of onshore exploration rights in southeastern Angola's Etosha-Okavango basin.
