Reconnaissance Energy Africa Ltd. announces an updated prospective resource estimate supported by a Prospective Resource Report focused solely on the new Damara Fold Belt gas play located within the Company's Petroleum Exploration Licence in the Kavango Basin, NE Namibia in which the Company holds a 90% working interest. ReconAfrica engaged Netherland, Sewell & Associates, Inc. , an independent qualified reserves [...]
Reconnaissance Energy Africa Ltd. provides an update on the transaction with Namcor Exploration and Production announced in the Company's news release dated September 22, 2022. The Company and NAMCOR have not yet completed the transaction pursuant to the definitive purchase and sale agreement but report that discussions are ongoing. About ReconAfrica ReconAfrica is a Canadian oil and gas company engaged in the opening of [...]
Reconnaissance Energy Africa Ltd. is pleased to announce the results of the Association of International Energy Negotiators, 2022 Corporate Social Responsibility award at the annual International Energy Summit & Award Ceremony that took place in Miami, Florida on May 31, 2023. These awards celebrate impactful industry achievements, underpinned by international energy negotiations and transactions that promote and embody [...]
Reconnaissance Energy Africa Ltd. reports that on May 23, 2023, a shareholder of the Company, filed a claim pursuant to the Class Proceedings Act against the Company, in the Supreme Court of British Columbia, alleging various misrepresentations published in core and non-core documents. ReconAfrica will review the claim, but currently has no reason to believe that there is any merit to the claim. About ReconAfrica [...]
Reconnaissance Energy Africa Ltd. provides an update on the acquisition of Enhanced Full Tensor Gravity surveys and 2D seismic acquisition recently conducted in Namibia. Initial results from the first phase show a high quality eFTG sub-surface image, with the rift bounding faults and other structural features delineated. In addition, the intra-rift highs and rift floors are well imaged. The image also puts into [...]
Reconnaissance Energy Africa Ltd. provides an update on the acquisition of the first Enhanced Full Tensor Gradiometry survey conducted in Namibia. Metatek-Group Limited, a worldwide airborne geophysical survey specialist based in the United Kingdom, is currently conducting an eFTG survey over an area of nearly 2,200 square kilometers in ReconAfrica's 25,000 square kilometers PEL073 exploration license in north-eastern [...]
Reconnaissance Energy Africa Ltd. is pleased to announce as a result of recent data from the ongoing phase two 2-D seismic program, a significant new play type has been confirmed in the southern and western parts of the Company's ~6.3 million acre exploration licence area in Namibia - PEL 73. This new fold belt province, the "Damara Fold Belt", initially identified SW of the Karoo Rift Basin, consists of a very prominent [...]
Investor registration is open for EnerCom Dallas + The Energy Venture Investment Summit conference featuring a broad group of public and private oil and gas companies and innovative start-up company presentations at www.enercomdallas.com. Presentation Opportunities Available for E&P, Midstream and OFS Companies. EnerCom, Inc. announces preliminary list of participating companies for EnerCom Dallas - The Energy Investment [...]
Reconnaissance Energy Africa Ltd. is unaware of any material change. At the request of IIROC, ReconAfrica wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. About ReconAfrica ReconAfrica is a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin in [...]
Reconnaissance Energy Africa Ltd. provides an operational update including the planned acquisition of the first Enhanced Full Tensor Gravity survey conducted in Namibia. Operational Update On June 28, 2022, ReconAfrica engaged a leading airborne geophysical survey provider to conduct an eFTG survey over an area of nearly 2,200 square kilometers in ReconAfrica's 25,000 square kilometers PEL073 exploration license in [...]
VANCOUVER, BC , Dec. 7, 2022 /CNW/ - Reconnaissance Energy Africa Ltd. announces a conference call for investors and analysts will be held on Thursday, December 8, 2022 at 11:00 am Eastern Time. Participants will include Scot Evans, Chief Executive Officer, Dr. James Granath, Chief Geoscientist, and Grayson Andersen, Head of Capital Markets. Analysts and Investors are invited to participate using the following dial-in [...]
Reconnaissance Energy Africa Ltd. announces results of the Makandina 8-2 well, spudding of the Wisdom 5-1 well, results of the Phase 2 seismic program and a new Environmental Compliance Certificate for up to an additional 1500 kms of seismic. Drilling Operations Makandina 8-2 Well The 8-2 well which was spud on 25th of June 2022 and reached total depth on the 15th of August 2022, has further confirmed the presence of a [...]