Reconnaissance Energy Africa Ltd. announces the filing of its financial results for the quarter ended September 30, 2023, and an operational update. HIGHLIGHTS Completed the technical evaluation of the entire exploration inventory to understand the potential of the oil-prone Rift Basin and Damara Fold Belt gas plays Selected the first two drill locations and has begun the process required for well site preparation and [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has closed the sale of its Mexico operations to Chame Energy Corporation , as previously announced in its press release dated October 26, 2023. Pursuant to a Share Purchase Agreement entered into between Chame and the Company, Chame purchased all of the issued and outstanding shares of Renaissance Oil Corp. , a wholly-owned subsidiary of the Company, for the [...]
Reconnaissance Energy Africa Ltd. , announces that it will be hosting a Company update webinar and conference call for investors and analysts on Thursday November 9, 2023 at 11:00 am Eastern Standard Time. Additionally, the Company announces a filing update. A webinar and conference call for investors and analysts will be held on Thursday, November 9, 2023 at 11:00 am Eastern Standard Time. The webinar and conference call [...]
In the news release, 73, issued 30-Oct-2023 by Reconnaissance Energy Africa Ltd. over CNW Group, we are advised by the company that the release has been updated. The corrected release follows: 73 Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR , have been granted approval for the Second Renewal Exploration Period by the Ministry of Mines and Energy . The Second Renewal Exploration Period covers the [...]
Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR announce the Ministry of Mines and Energy has granted approval of the Second Renewal Exploration Period from 30 January 2024 to 29 January 2026, relating to the approximate 6.3 million acre Petroleum Exploration Licence 73 . Brian Reinsborough, President and Chief Executive Officer of ReconAfrica said, "We appreciate the MME recognizing the significant [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has entered into a definitive agreement for the sale of its Mexico operations. Pursuant to a Share Purchase Agreement entered into between Chame Energy Corporation and the Company , Chame has agreed to purchase all of the issued and outstanding shares of Renaissance Oil Corp. , a wholly-owned subsidiary of the Company. RenCan, through its subsidiaries, owns [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has engaged the services of Independent Trading Group to provide market-making services in accordance with Policy 3.4 of the TSX Venture Exchange . It is anticipated that ITG will trade shares of the Company on the TSXV and other trading venues as applicable with the objective of maintaining a reasonable market and improving the liquidity of the Company's [...]
Reconnaissance Energy Africa Ltd. , announces that Brian Reinsborough, President and Chief Executive Officer, will be presenting at upcoming industry conferences, Africa Oil Week and Africa Energy Week, both being held in Cape Town, South Africa. Brian will be presenting at the Africa Oil Week conference today as part of the Prospect Forum, and again on October 12, 2023 as part of the Africa Independents Forum. The [...]
Reconnaissance Energy Africa Ltd. is pleased to announce that it has closed a non-brokered private placement with Insiders of the Company of units of the Company at a price of $1.12 per Unit for gross proceeds of $1,200,080 , of which a total of $1,000,000 was subscribed for by the Company's new Chief Executive Officer, Brian Reinsborough. Each Unit consists of one common share in the capital of the Company and one common [...]
Reconnaissance Energy Africa Ltd. announces the appointment of Iman Hill as a new independent director to the Board of Directors, effective August 29, 2023. Ms. Hill joins the Board with over 25 years of senior oil & gas experience with extensive expertise in the technical and commercial aspects of the industry, as well Iman has a strong commitment to HSE, Sustainability and Energy Transition. Iman is a petroleum engineer [...]
/Not for dissemination, release or publication in or into the United States or for Distribution to U.S. Newswire Services/ Reconnaissance Energy Africa Ltd. is pleased to announce that it intends to complete a non-brokered private placement with officers and directors of the Company of units of the Company at a price of $1.12 per Unit for gross proceeds of $1,200,000 , of which approximately $1,000,000 is being subscribed [...]
Reconnaissance Energy Africa Ltd. announces that, effective August 1, 2023, Brian Reinsborough will be appointed President and Chief Executive Officer of the Company and effective August 7, 2023, Adam Rubin will be appointed General Counsel of the Company. Brian Reinsborough - President and Chief Executive Officer Brian is a visionary executive with an outstanding track record and brings 35 years of successful oil and gas [...]
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