Reconnaissance Energy Africa Ltd.

RUNDU, Namibia and VANCOUVER, BC, May 28, 2021 /CNW/ - Governor Bonifasius Wakudumo of East Kavango and Reconnaissance Energy Africa Ltd. are pleased to share the following statement from the Governor's office - Kavango East, Rundu, Namibia. Kavango East Governor Supports ReconAfrica The Governor of Kavango East is aware of recent media reports attempting to discredit ReconAfrica and their work in our region. ReconAfrica [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has completed its previously announced bought deal offering of units for gross proceeds of C$41,401,380, including the full exercise of the over-allotment option in the amount of C$5,400,180. The Offering was completed by way of a short form prospectus filed in all of the provinces of Canada, except Québec, and the Units were sold elsewhere outside of Canada [...]

Reconnaissance Energy Africa Ltd. provides a factual response to National Geographic's false and defamatory article May 21, 2021, written by environmental activists. ReconAfrica's Vital Operations in Namibia We are proud that the Namibian Government has selected ReconAfrica as one of over 30 national and international energy companies it trusts to explore the country's natural resource potential in sustainable ways. In [...]

Reconnaissance Energy Africa Ltd. and Renaissance Oil Corp. are pleased to announce that they have entered into a definitive arrangement agreement dated May 18, 2021 pursuant to which ReconAfrica has agreed to acquire all of the issued and outstanding common shares and convertible securities of Renaissance by way of a statutory plan of arrangement under the Business Corporations Act . Under the terms of the Definitive [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has entered into an amended agreement with Haywood Securities Inc., as underwriter , pursuant to which the Company and the Underwriter have agreed to increase the size of the previously announced C$25 million bought deal offering. Pursuant to the upsized deal terms, the Underwriter has agreed to purchase, on a bought deal basis, 3,789,600 units at a price of [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has entered into an agreement with Haywood Securities Inc., as underwriter , pursuant to which the Underwriter has agreed to buy, on a bought deal basis, 2,632,000 units at a price of C$9.50 per Unit for gross proceeds of C$25,004,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant [...]

Reconnaissance Energy Africa Ltd. is pleased to announce spudding the second well in the Kavango Basin in the Kalahari Desert of North East Namibia. Operations With the first string of casing set and cemented in the 6-1 well, the Company owned and operated 1000 HP rig is drilling ahead to a target depth of 3,800 meters . The 6-1 well is designed to evaluate the petroleum systems discovered in the first well in an area of [...]

April 26, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. is pleased to provide an operations update, announces additions to the Company's personnel and disclosure of incentive stock option grants. Operations The first of the initial three well drilling program, the 6-2 well, was successfully, temporarily capped on April 19th. The rig has been rigged down with drilling rig components, the drill pipe and auxiliary equipment [...]

Reconnaissance Energy Africa Ltd. and Renaissance Oil Corp. are pleased to announce that they have entered into a letter of intent setting forth the material terms and conditions upon which ReconAfrica will acquire all of the issued and outstanding common shares and convertible securities of Renaissance . The Transaction is expected to be implemented by way of a statutory plan of arrangement under the Business [...]

WINDHOEK, Namibia and Ministry of Mines and Energy and Reconnaissance Energy Africa Ltd. are pleased to announce preliminary analysis of the data from the 6-2 well, the first of a three well drilling program, provides clear evidence of a working conventional petroleum system in the Kavango Basin. First Drill Site The well sample log of the 6-2 provides over 200 meters of oil and natural gas indicators/shows over three [...]