Is This The Most Exciting Oil Play Of The Last 20 Years?

Is This The Most Exciting Oil Play Of The Last 20 Years?

The African nation of Namibia has never produced a barrel of oil in its history. Now, for the second time in less than two months, it's received positive signs that it could be home to 120 Billion barrels of oil generated in its giant Kavango basin.

The small-cap explorer that's bringing in the good news for Namibia is Reconnaissance Energy Africa (“Recon Africa”) (TSXV:RECO, OTC:RECAF), and its stock spiked last week after it encountered evidence of oil and gas for a second time and made an impressive commitment to ESG.

On April 15th, Recon Africa announced the results of its first of three drills (6-2), showing evidence of an active petroleum system.