VANCOUVER, BC, Sept. 22, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) wishes to announce that, further to its announcement on February 6, 2022, it has entered into a definitive purchase and sale agreement with its partner, Namcor Exploration and Production (Pty) Ltd. (“NAMCOR”) dated September 21, 2022, to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE Namibia (the “Transaction”). Completion of the Transaction is expected to occur before the … Continue Reading

VANCOUVER, BC, Sept. 8, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce its new business relationship with Alvarez & Marsal and Hannam & Partners. The two companies will work closely with ReconAfrica in managing its evolving data room as well as launching a global reach to potential, high quality, joint venture partners to join the Company’s initial exploration program in the Kavango sedimentary basin, NE Namibia.

Alvarez & Marsal (New York, New York) incorporated 1983, is one of … Continue Reading

VANCOUVER, BC, Sept. 6, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce that, following discussions with the British Columbia Securities Commission (the “BCSC”) regarding recent social media posts that the Company may be under investigation by the BCSC, the BCSC has confirmed that the Company is not under investigation.

ReconAfrica is a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where the … Continue Reading

VANCOUVER, BC, Sept. 2, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce the appointment of Michelle Borthwick to the position of Corporate Secretary.

Ms. Borthwick is a corporate finance and governance professional with over 25 years’ experience in senior corporate finance and governance roles providing advice and support to various Canadian public-listed issuers on the Toronto Stock Exchange, TSX Venture Exchange, Canadian Securities Exchange and OTCMarkets. She is the Founder and Principal of Peakshore Consulting Inc. since January 2013 and Vice President, Corporate Finance … Continue Reading

VANCOUVER, BC, Aug. 30, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) are pleased to announce they have successfully reached total depth of the third stratigraphic test well, 1819/8-2 (“8-2”), in the Kavango basin of NE Namibia. The well was drilled to a total depth of 2,056 meters reaching all geological targets, on time and on budget. Current operations are now focused on well data capture and initiating analysis of this data. The Company … Continue Reading

VANCOUVER, BC, Aug. 17, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces that it has received a three year extension to its Environmental Clearance Certificate (the “ECC”), from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism of the Republic of Namibia, covering the entire PEL 73 permit, which covers over 6.3 million acres (25,000 km2), in northeast Namibia.

The ECC authorizes ReconAfrica, to continue drilling stratigraphic test wells, to depths, approved by Ministry of Mines and Energy and NAMCOR as well … Continue Reading

VANCOUVER, BC, Aug. 2, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) reports that, following a hearing in connection with a recent application (the “Application”) filed by certain third party applicants (the “Applicants”) with the High Court of Namibia (Main Division) (the “Court”) challenging the recent amendments to the Company’s Environmental Compliance Certificate (the “ECC Amendments”) that were approved by the Environmental Commissioner of the Namibian Ministry of Environment, Forestry, and Tourism, the Court has issued its decision on the Applicants request for an order from the Court … Continue Reading

VANCOUVER, BC, July 19, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) reports that, following a hearing in connection with a recent application (the “Application”) filed by certain third party applicants (the “Applicants”) with the High Court of Namibia (Main Division) (the “Court”) challenging the recent amendments to the Company’s Environmental Compliance Certificate (the “ECC Amendments”) that were approved by the Environmental Commissioner of the Namibian Ministry of Environment, Forestry, and Tourism, the Court has deferred its ruling on the preliminary points raised by the Company and other … Continue Reading

VANCOUVER, BC, July 8, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) reports that its wholly-owned subsidiary, Reconnaissance Energy Namibia (Pty) Ltd., has been named as a respondent in an application filed by certain third party special interest groups in the High Court of Namibia (Main Division), challenging the recent amendments to the Company’s Environmental Compliance Certificate (the “ECC Amendments”) that were approved by the Environmental Commissioner of the Namibian Ministry of Environment, Forestry, and Tourism. Among other things, the applicants are seeking an order for an interim … Continue Reading

VANCOUVER, BC, June 28, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSX-V: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) are pleased to announce spudding of the 1819/8-2 (“8-2”) well on June 25, 2022.

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 planned … Continue Reading

VANCOUVER, BC, June 22, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) are pleased to announce completion of the second phase of seismic (761 km) and commencement of the first seismically defined, initial four well drilling program with the first well 1819/8-2 (“8-2”) scheduled to spud on or before June 25, 2022.

The joint venture partners, ReconAfrica and NAMCOR, have successfully completed the second seismic acquisition program comprising 761 linear kilometres of 2-D seismic … Continue Reading

VANCOUVER, BC, May 16, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSX-V: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce that it has retained C. Matthew Warder (doing business as Seawolf Research) to provide investor relations services to the Company pursuant to a consulting agreement (the “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 analytics firm Seawolf Research, he provides investment … Continue Reading