Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd. provides disclosure of incentive stock option grants. Stock Option Grants The Company announces that it has granted incentive stock options to certain directors and officers of the Company to acquire an aggregate of 3,825,000 common shares in the capital of the Company at an exercise price of $1.40 per share in accordance with the Company's Stock Option Plan. The Options are exercisable [...]

Reconnaissance Energy Africa Ltd. , announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 , onshore northeast Namibia. Brian Reinsborough, President and CEO commented: "With the Company funded for our multi-well exploration program and the joint venture agreement in place with BW Energy, focus returns to operations associated with the Naingopo exploration well and other [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has completed its previously announced C$35 million underwritten public offering of units of the Company at a price of C$1.25 per Unit, and together with the partial exercise of the over-allotment option, for aggregate gross proceeds of approximately C$38.8 million. BW Energy Limited participated in the Offering by way of a strategic equity investment in the [...]

Reconnaissance Energy Africa Ltd. announces that, further to its announcement on July 16, 2024, it has entered into a definitive farm down agreement with BW Energy Limited dated July 30, 2024, for the sale of a 20% working interest in Petroleum Exploration Licence 73 , in northeast Namibia. The terms of the agreement are as described in the press release dated July 16, 2024. Brian Reinsborough, President and CEO [...]

Reconnaissance Energy Africa Ltd. announces the filing of annual disclosure documents for the year ended March 31, 2024, including audited annual consolidated financial statements, management's discussion and analysis , annual information form , annual statement of reserves data and other oil and gas information under National Instrument 51-101 and estimates of prospective resources to the Reconnaissance Energy Africa [...]

Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver - The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies . The [...]

Berger Montague PC announces that the Supreme Court of British Columbia approved the class action settlement agreement in Bowles v. Reconnaissance Energy Africa Ltd.. and ; CUSIP: 75624R108. Canadian domestic and foreign based investors that purchased shares of Reconnaissance Energy Africa, Ltd. outside of the United States of America are strongly encouraged to participate in the settlement. The U.S. settlement is subject [...]

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days Alberta, July 17, 2024 -- Reconnaissance Energy Africa Ltd. announces that, in connection with its previously announced overnight marketed public offering of units of the Company , it has entered into an underwriting agreement with Research [...]

Reconnaissance Energy Africa Ltd. announces it has signed a letter agreemen, for a strategic farm down of Petroleum Exploration Licence 73, onshore Namibia with BW Energy Limited, for a 20% working interest. In connection with the Letter Agreement, BW Energy has agreed to a strategic equity investment in the Company for US$16 million, pursuant to the brokered equity offering, as defined below. The Company ha also entered [...]

Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR , announce the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 , onshore northeast Namibia. Additionally, the Company announces a joint venture update as well as a warrant exercise update. Brian Reinsborough, President and CEO commented: "Our operations teams spud the well on July 7, 2024. We are extremely excited to be [...]