Reconnaissance Energy Africa Ltd. announces the filing of annual disclosure documents for the nine-month period ended December 31, 2024, including the audited consolidated financial statements, Management's Discussion and Analysis , Annual Information Form , statement of reserves data and other oil and gas information under National Instrument 51-101 , and updated report of Netherland, Sewell & Associates, Inc. , an [...]
Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver - The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship [...]
Reconnaissance Energy Africa Ltd. announces an agreement for a joint exploration project in Angola with the Agência Nacional de Petróleo, Gás e Biocombustíveis or National Oil, Gas and Biofuels Agency . ReconAfrica has entered into a Memorandum of Understanding with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. ANPG is Angola's national concessionaire and [...]
Reconnaissance Energy Africa Ltd. announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 and is the Company's largest prospect to be drilled so far. It is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources, or 1.9 trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective [...]
Reconnaissance Energy Africa Ltd. announces the acceleration of drilling into Q2 2025 and a corporate update. Brian Reinsborough, President and CEO commented: "We have made great progress in getting Prospect I ready to drill and, as a result, we are accelerating the spud date into Q2 2025. Our in-country teams have commenced community engagement, surveying, debushing and demining activities, which will be followed by [...]
EnerCom Denver - The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industry leaders! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness EnerCom, Inc. is pleased to [...]
Reconnaissance Energy Africa Ltd. announces a webinar and conference call for investors and analysts on Thursday February 13, 2025 at 11:00 am Eastern Time. Participants will include Brian Reinsborough, President and CEO, and Chris Sembritzky, Senior Vice President, Exploration. Investors and analysts are encouraged to submit questions to be answered on the call to investors@reconafrica.com before Thursday February 13 [...]
Reconnaissance Energy Africa Ltd. announces the results of the Naingopo exploration well within the Damara Fold Belt on Petroleum Exploration Licence 073 , onshore Namibia. Highlights of the Naingopo well: Encountered over 50 metres net reservoir in the Otavi Group, derived from log analysis and indications of oil, which will be further confirmed from side wall cores. Indications of oil observed from the Damara Fold Belt [...]
Reconnaissance Energy Africa Ltd. announces that, further to its announcements on July 16, 2024 and July 30, 2024, it has completed the farm down agreement with BW Energy Limited . The sale of a 20% working interest in Petroleum Exploration Licence 73 , in northeast Namibia, has been approved by the Namibian Ministry of Mines and Energy and Namcor Exploration and Production Ltd . The working interests in PEL 73 are now [...]
Reconnaissance Energy Africa Ltd. announces a change of financial year-end. Change in Financial Year-End ReconAfrica, a reporting issuer, is changing its financial year-end from March 31 to December 31. The change in financial year-end has been made to align with industry peers. Further details regarding the change in financial year-end, including the Company's length and ending dates of the Company's financial reporting [...]
Reconnaissance Energy Africa Ltd. announces that it has reached total depth of 4,184 metres on the Naingopo exploration well on Petroleum Exploration Licence 073 , onshore Namibia. Brian Reinsborough, President and CEO of the Company stated: "We are excited to have completed the drilling operations on the Naingopo exploration well, drilling beyond our original projected TD of 3,800 metres. The Naingopo well is the first [...]
Reconnaissance Energy Africa Ltd. announces an operational update with respect to its exploration activities on Petroleum Exploration Licence 073 , onshore Namibia, the appointment of directors and the filing of its financial results for the quarter ended September 30, 2024. Highlights Spud the Naingopo exploration well in the Damara Fold Belt on July 7, 2024. The well is currently drilling at a depth of 4,000 metres [...]