Reconnaissance Energy Africa Ltd. is pleased to provide an update on operations and appoints two new directors to its board, Craig Steinke and Dr. Joseph Davis, effective immediately. Mr. Steinke will assume the role of Executive Chairman. Operations Processing of the first 450 kms of 2D seismic data acquired in the Kavango Basin was recently completed with excellent results. The initial interpretation is near complete [...]
Reconnaissance Energy Africa Ltd. announces that it has granted to a consultant of the Company options to purchase 500,000 common shares of the Company at a price of $6.00 per share for a period of five years, expiring on December 3, 2026. Neither the TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE Reconnaissance Energy Africa Ltd. Contact Scot Evans [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR provide initial results from the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia. As reported on October 21, 2021, 450 linear kilometers of seismic data were successfully acquired within budget and on schedule. Third party processing of this data by DownUnder GeoSolutions LLC in Houston, Texas, and Absolute [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR provide initial results from the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia. As reported on October 21, 2021, 450 linear kilometers of seismic data were successfully acquired within budget and on schedule. Third party processing of this data by DownUnder GeoSolutions LLC in Houston, Texas, and Absolute [...]
NATION-and RUNDU, The Traditional Authorities of Kavango East and Kavango West have confirmed their support for the oil-and-gas exploration program in Namibia by Reconnaissance Energy Africa Ltd. . At a meeting last week in Namibia, the leaders of the five key Traditional Authorities of Kavango East and Kavango West expressed confidence that ReconAfrica's ongoing exploration program, which has to date identified a [...]
VANCOUVER, BC, Oct. 28, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. reports that on October 25, 2021, Eric Muller, on his behalf and on behalf of all persons and entities who purchased or otherwise acquired shares of the Company between February 28, 2019 and September 7, 2021, filed a class action complaint against the Company and related persons , in the United States District Court, Eastern District of New York [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR announce the completion of the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia. Seismic Operations The seismic program comprises 450 linear kilometres of high quality 2D seismic data which was acquired within budget and on schedule. 150,000 human-hours were utilized during the campaign, of which 80% were [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR announce the Ministry of Mines and Energy has granted approval of a one year extension on the First Renewal Period from 29 January 2022 to 29 January 2023, relating to the approximate 6.3 million acre 73 exploration licence, due to the impacts of the Covid-19 pandemic on the Company's operations. Scot Evans, ReconAfrica CEO said, "I appreciate the MME [...]
VANCOUVER, BC, Sept. 10, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. is pleased to announce that it has retained John Dalton to provide investor relations services to the Company pursuant to a consulting agreement . Mr. Dalton, who is based in Houston, Texas, has over 20 years of oil and gas and capital markets industry experience and is currently the managing partner of McDonald Dalton Capital Partners, L.L.C., a [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR provide preliminary analysis of the first well drilled in the Kavango basin by Core Laboratories and Netherland Sewell & Associates Inc. . Log and Core Analysis The NSAI petrophysical study, the first in the Kavango basin, has identified five potential conventional reservoir zones in the 6-2 well, of which three are clastic zones and two are carbonate [...]
Reconnaissance Energy Africa Ltd. has received and reviewed a report issued yesterday by Viceroy Research, a stock-market short-seller, about the Company's exploratory drilling program in Namibia. The report, like previous misinformation campaigns launched by Viceroy, contains many intentionally false allegations and displays an unfortunate lack of knowledge and understanding of geology and oil-and-gas exploration. It [...]
Reconnaissance Energy Africa Ltd. today is reporting significant steps forward in its Environment, Social and Governance program, which was officially launched on June 3, 2021. During the last 60 days, ReconAfrica has been working in collaboration with Namibian governments, Conservancies, Traditional Authorities and communities on a number of ambitious initiatives related to water, wildlife and reforestation, in addition [...]