Reconnaissance Energy Africa Ltd. , along with partners NAMCOR and BW Energy, have commenced production testing operations at Kavango West 1X . Highlights of the Production Test on Kavango Discovery: Total of six optimized intervals, encompassing 420 m of hydrocarbon bearing section to be isolated and tested across the Huttenburg and Elandshoek formations. Huttenburg Formation: 75 m of net hydrocarbon pay to be tested [...]
Reconnaissance Energy Africa Ltd. announces the filing of its fiscal first quarter disclosure documents for the three-month period ended March 31, 2026, including the unaudited consolidated financial statements and Management's Discussion and Analysis , which are available on SEDAR+ at www.sedarplus.ca , and provides a production test update for Kavango West 1X discovery. Selected Highlights For the first quarter ended [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that operations in Namibia continue to progress. ReconAfrica , along with partners NAMCOR and BW Energy, have progressed downhole testing operations at Kavango West 1X . Equipment and services have been arriving on site, which have been procured from both Namibian and international companies to conduct this first-of-its-kind production test in Namibia. Operations [...]
Reconnaissance Energy Africa Ltd. is pleased to provide an operational update and report 2025 financial and operational results. The Company also renewed its shelf prospectus. All filings are available at SEDAR+ . Brian Reinsborough, President and CEO, stated: "2025 was another transformational year for ReconAfrica as we progressed all aspects of our strategic goals. We completed our farm down transaction with BW Energy [...]
Reconnaissance Energy Africa Ltd. is pleased to provide an update of its operations in Namibia and Gabon. Operational highlights: Production testing operations commenced at the Kavango West 1X discovery well; Increased hydrocarbon pay in the Huttenberg formation to 75 metres ; Isolated a total of 345 metres of prospective interval for testing; Reprocessing 3D seismic on the Ngulu block offshore Gabon; Catalyst rich 2026 [...]
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Reconnaissance Energy Africa is pleased to announce that it has completed its previously announced underwritten, listed issuer financing exemption offering for aggregate gross proceeds of C$36,800,098, including the exercise in full of the over-allotment option. The Offering was conducted on an underwritten basis led by Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of [...]
Reconnaissance Energy Africa Ltd. announces that the Board of Directors of the Company has adopted a Shareholder Rights Plan with Odyssey Trust Company as Rights Agent effective today. The Shareholder Rights Plan is consistent with modern rights plans adopted by other Canadian public companies and has not been adopted in response to any specific proposal or intention to acquire control of ReconAfrica. In the event of an [...]
Reconnaissance Energy Africa announces that, in connection with its previously announced overnight marketed, listed issuer financing exemption private placement offering of units of the Company, it has increased the size of the offering due to strong investor demand, and has entered into an amended agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of [...]
Reconnaissance Energy Africa announces an overnight marketed, listed issuer financing exemption private placement offering of units of the Company at a price of C$0.95 per Unit for aggregate gross proceeds of C$20,000,000. The Offering is led by Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including Canaccord Genuity Corp. and Haywood Securities Inc [...]
Reconnaissance Energy Africa Ltd. , is pleased to provide a year-end corporate operational update. Brian Reinsborough, President & CEO, commented: "We have had an active and productive 2025 in which we advanced the Company on multiple strategic fronts. We completed drilling our second well in the Damara Fold Belt resulting in encountering of significant hydrocarbons, extended our acreage position into Angola at a low cost [...]
Reconnaissance Energy Africa Ltd. is pleased to announce the results of the Kavango West 1X well located on Petroleum Exploration Licence 73, onshore Namibia. Highlights of Kavango West 1X well: The well encountered ~400 metres of gross hydrocarbon section identified on wireline logs in the Otavi carbonate section. The well encountered 64 net metres of hydrocarbon pay, verified by wireline logs and supported by mud log [...]