Reconnaissance Energy Africa Ltd. announces an agreement for a joint exploration project in Angola with the Agência Nacional de Petróleo, Gás e Biocombustíveis or National Oil, Gas and Biofuels Agency . ReconAfrica has entered into a Memorandum of Understanding with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. ANPG is Angola's national concessionaire and [...]
Reconnaissance Energy Africa Ltd. announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 and is the Company's largest prospect to be drilled so far. It is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources, or 1.9 trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective [...]
Reconnaissance Energy Africa Ltd. announces the acceleration of drilling into Q2 2025 and a corporate update. Brian Reinsborough, President and CEO commented: "We have made great progress in getting Prospect I ready to drill and, as a result, we are accelerating the spud date into Q2 2025. Our in-country teams have commenced community engagement, surveying, debushing and demining activities, which will be followed by [...]
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Reconnaissance Energy Africa Ltd. announces a webinar and conference call for investors and analysts on Thursday February 13, 2025 at 11:00 am Eastern Time. Participants will include Brian Reinsborough, President and CEO, and Chris Sembritzky, Senior Vice President, Exploration. Investors and analysts are encouraged to submit questions to be answered on the call to investors@reconafrica.com before Thursday February 13 [...]
Reconnaissance Energy Africa Ltd. announces the results of the Naingopo exploration well within the Damara Fold Belt on Petroleum Exploration Licence 073 , onshore Namibia. Highlights of the Naingopo well: Encountered over 50 metres net reservoir in the Otavi Group, derived from log analysis and indications of oil, which will be further confirmed from side wall cores. Indications of oil observed from the Damara Fold Belt [...]
Reconnaissance Energy Africa Ltd. announces that, further to its announcements on July 16, 2024 and July 30, 2024, it has completed the farm down agreement with BW Energy Limited . The sale of a 20% working interest in Petroleum Exploration Licence 73 , in northeast Namibia, has been approved by the Namibian Ministry of Mines and Energy and Namcor Exploration and Production Ltd . The working interests in PEL 73 are now [...]
Reconnaissance Energy Africa Ltd. announces a change of financial year-end. Change in Financial Year-End ReconAfrica, a reporting issuer, is changing its financial year-end from March 31 to December 31. The change in financial year-end has been made to align with industry peers. Further details regarding the change in financial year-end, including the Company's length and ending dates of the Company's financial reporting [...]
Reconnaissance Energy Africa Ltd. announces that it has reached total depth of 4,184 metres on the Naingopo exploration well on Petroleum Exploration Licence 073 , onshore Namibia. Brian Reinsborough, President and CEO of the Company stated: "We are excited to have completed the drilling operations on the Naingopo exploration well, drilling beyond our original projected TD of 3,800 metres. The Naingopo well is the first [...]
Reconnaissance Energy Africa Ltd. announces an operational update with respect to its exploration activities on Petroleum Exploration Licence 073 , onshore Namibia, the appointment of directors and the filing of its financial results for the quarter ended September 30, 2024. Highlights Spud the Naingopo exploration well in the Damara Fold Belt on July 7, 2024. The well is currently drilling at a depth of 4,000 metres [...]
Reconnaissance Energy Africa Ltd. announces the dual-listing on the Namibian Stock Exchange , the renewal of Petroleum Exploration Licence 001 onshore Botswana, and an operational update with respect to its exploration activities on Petroleum Exploration Licence 073 , onshore Namibia. Brian Reinsborough, President and CEO of the Company stated: "We are excited to be the first publicly traded oil and gas company listed on [...]
Reconnaissance Energy Africa Ltd. announces an operations update with respect to activities on Petroleum Exploration Licence 073 , onshore Namibia and the appointment of Gitane De Silva as Senior Vice President ESG, Communications & Stakeholder Relations. Brian Reinsborough, President and CEO of the Company stated: "We continue to make progress on the drilling of the Naingopo exploration well on PEL 73 onshore Namibia. We [...]
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