Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Kavango Basin offers both large-scale conventional and non-conventional play types.
Vancouver, BC, V7X 1A1, Canada