Registration is Open Now for EnerCom Denver with One-on-One Meeting Requests Opening for Qualified Investors on July 1st EnerCom, Inc. announced today that it has published the preliminary presentation times and schedule for presenting companies at EnerCom Denver - The Energy Investment Conference on the conference website at www.enercomdenver.com and that qualified investors that have registered for the conference will [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR are pleased to announce spudding of the 1819/8-2 well on June 25, 2022. Drilling Operations This initial four well program will be executed continuously and will target seismically defined structures with the objective of testing two of the three play types; oil prone Karoo Rift Fill and Intra Rift Fault Block plays. The 8-2 well will be drilled to a [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR are pleased to announce completion of the second phase of seismic and commencement of the first seismically defined, initial four well drilling program with the first well 1819/8-2 scheduled to spud on or before June 25, 2022. Seismic Operations The joint venture partners, ReconAfrica and NAMCOR, have successfully completed the second seismic [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has retained C. Matthew Warder to provide investor relations services to the Company pursuant to a consulting agreement . Mr. Warder, who is based in Severn, Maryland, is an energy, metals, and mining analyst with nearly two decades of experience covering the natural resource and industrial sectors. As founder and CEO of management consultancy and financial [...]
Reconnaissance Energy Africa Ltd. announces the filing of the first prospective resource report for certain leads in the Kavango Basin, onshore Namibia, dated April 27, 2022, with an effective date of December 31, 2021 . The full details of the Resource Report can be found on SEDAR or on the Company's website via the following - SEDAR. ReconAfrica, engaged Netherland, Sewell & Associates, Inc. , an independent qualified [...]
Reconnaissance Energy Africa Ltd. wishes to announce that, further to its announcement on February 6, 2022, it has entered into an extension to the Letter of Intent with its partner, the National Petroleum Corporation of Namibia LTD , to acquire half of NAMCOR's 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence in the Kavango basin, NE Namibia such that the parties will [...]
VANCOUVER, BC, April 4, 2022 /CNW/ - Reconnaissance Energy Africa Ltd. is pleased to provide an exploration update for the Kavango Basin in NE Namibia and NW Botswana, highlighting multiple drilling prospects and new play types following the integrated analysis of the two stratigraphic test wells and first phase of 2D seismic. The initial exploration and development is being conducted in the first of five sub-basins [...]
March 1, 2022 /CNW/ - 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$47,466,250, including the full exercise of the over-allotment option in the amount of C$6,191,250. 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 [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has amended its agreement with Canaccord Genuity Corp. , to increase the size of the previously announced bought deal offering from C$38,100,000 to C$41,275,000 . Pursuant to the revised offering terms, Canaccord, as lead underwriter and sole bookrunner, has agreed to purchase, on a bought deal basis, an aggregate of 6,500,000 units of the Company at a price [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. , acting as lead underwriter and sole bookrunner, pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, an aggregate of 6,000,000 units of the Company at a price of C$6.35 per Unit for aggregate gross proceeds to the Company of C$38,100,000 . Each Unit will consist of one [...]
Reconnaissance Energy Africa Ltd. is pleased to announce it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia to acquire half of NAMCOR's 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence in the Kavango basin, NE Namibia . Consideration for the 5% carried interest shall comprise 5,000,000 common shares in the capital of [...]
Reconnaissance Energy Africa Ltd. and certain of its current and former officers, directors and third-party contractors have been named as defendants in two almost identical purported class action lawsuits filed by Company shareholders in the United States District Court in Brooklyn, New York. The lawsuits were filed in the wake of a third, almost identical lawsuit identified by the Company in an October 28, 2021, press [...]
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