Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd. announces the filing of its financial results for the quarter ended December 31, 2023. HIGHLIGHTS Re-initiated the farmout joint venture process in December 2023 with completion expected in April 2024. The bid deadline was extended to allow participating companies time to incorporate the updated resource report on the Damara Fold Belt currently being evaluated by Netherland, Sewell [...]

Reconnaissance Energy Africa Ltd. announces that, subject to court approval, it has reached a global settlement of the class action lawsuits pending against the Company in the United States and Canada. As previously disclosed in the Company's October 28, 2021 and February 4, 2022 press releases, three purported shareholder class action complaints were filed against the Company and certain of its current and former [...]

Reconnaissance Energy Africa Ltd. announces an update to a press release dated June 26, 2023. In that press release, the Company disclosed certain resource estimates based on a report prepared by Netherland, Sewell & Associates, Inc. dated June 22, 2023, with an effective date of March 31, 2023, entitled "Estimates of Prospective Resources in Certain Opportunities located in the Damara Fold And Thrust Belt Play Area". As [...]

Reconnaissance Energy Africa Ltd. announces an operations update and the resignation of Mark Gerlitz as a member of the Board of Directors. OPERATIONS ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024. To date, all surveying activity has been completed, with demining activities complete on the Damara Fold Belt Prospect L, which is expected to be the Company's first [...]

Reconnaissance Energy Africa Ltd. announces an operational update, an update to Petroleum Exploration Licence 073, onshore Namibia, a filing update, and an update on the transaction with Namcor Exploration and Production announced in the Company's news release dated September 22, 2022. Operational Update The Company continues to advance activities in preparation for the drilling program planned for 2024 with land access [...]

Reconnaissance Energy Africa Ltd. announces effective December 7, 2023, the appointment of Christopher Sembritzky as Senior Vice President of Exploration, and that Jim Ohlms has joined the Company as Commercial Advisor and Rodney Kirkland as Geoscience Advisor. Christopher Sembritzky - Senior Vice President Exploration Chris is an experienced geologist with an outstanding track record of international exploration [...]

Reconnaissance Energy Africa Ltd. announces the filing of its financial results for the quarter ended September 30, 2023, and an operational update. HIGHLIGHTS Completed the technical evaluation of the entire exploration inventory to understand the potential of the oil-prone Rift Basin and Damara Fold Belt gas plays Selected the first two drill locations and has begun the process required for well site preparation and [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that it has closed the sale of its Mexico operations to Chame Energy Corporation , as previously announced in its press release dated October 26, 2023. Pursuant to a Share Purchase Agreement entered into between Chame and the Company, Chame purchased all of the issued and outstanding shares of Renaissance Oil Corp. , a wholly-owned subsidiary of the Company, for the [...]

Reconnaissance Energy Africa Ltd. , announces that it will be hosting a Company update webinar and conference call for investors and analysts on Thursday November 9, 2023 at 11:00 am Eastern Standard Time. Additionally, the Company announces a filing update. A webinar and conference call for investors and analysts will be held on Thursday, November 9, 2023 at 11:00 am Eastern Standard Time. The webinar and conference call [...]

In the news release, 73, issued 30-Oct-2023 by Reconnaissance Energy Africa Ltd. over CNW Group, we are advised by the company that the release has been updated. The corrected release follows: 73 Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR , have been granted approval for the Second Renewal Exploration Period by the Ministry of Mines and Energy . The Second Renewal Exploration Period covers the [...]