RECAF Stock: Will ReconAfrica Ever Start Producing Sufficient Oil From Kavango Basin?

In the age of oil and gas shortage, ReconAfrica (OTC: RECAF) is only beginning explorations on its licensed lands in Kavango sedimentary basin, NE Namibia. When there is a nice chance to speed up exploring the company could find two partners; Alvarez & Marsal and Hannam & Partners.

ReconAfrica is actually running out of budget and it surely needs huge funds from either lenders or investors. For this situation, Hannam & Partners from London, UK is fully fit to finance the venture by raising funds globally from third parties who are interested in making profits from natural resources.

After finding a place that has plenty of oil the company basically needs guidance in producing and selling the produced oil and gas. For this matter, ReconAfrica chose Alvarez & Marsal from New York, USA. This firm will be consulting ReconAfrica on how to run the energy business efficiently and effectively.

Looking at the two partners above one may assume ReconAfrica is going on the right path in producing oil and gas to satisfy the energy segments of each country located in the West.