VANCOUVER, BC, May 26, 2023 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) reports that on May 23, 2023, a shareholder of the Company, filed a claim pursuant to the Class Proceedings Act against the Company, in the Supreme Court of British Columbia, alleging various misrepresentations published in core and non-core documents.

ReconAfrica will review the claim, but currently has no reason to believe that there is any merit to the claim.

About ReconAfrica

ReconAfrica is a Canadian oil and gas company engaged in the opening of … Continue Reading

VANCOUVER, BC, May 24, 2023 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) provides an update on the acquisition of Enhanced Full Tensor Gravity (“eFTG”) surveys and 2D seismic acquisition recently conducted in Namibia.

Initial results from the first phase show a high quality eFTG sub-surface image, with the rift bounding faults and other structural features delineated. In addition, the intra-rift highs and rift floors are well imaged. The image also puts into perspective the three stratigraphic wells drilled to-date (see insets in the figure 1 below). The … Continue Reading

VANCOUVER, BC, April 18, 2023 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) provides an update on the acquisition of the first Enhanced Full Tensor Gradiometry (“eFTG”) survey conducted in Namibia.

Metatek-Group Limited, a worldwide airborne geophysical survey specialist based in the United Kingdom, is currently conducting an eFTG survey over an area of nearly 2,200 square kilometers (540,000 acres) in ReconAfrica‘s 25,000 square kilometers (6.3 million acres) PEL073 exploration license in north-eastern Namibia. The airborne component of the survey is expected … Continue Reading

VANCOUVER, BC, April 3, 2023 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce as a result of recent data from the ongoing phase two 2-D seismic program, a significant new play type has been confirmed in the southern and western parts of the Company’s ~6.3 million acre exploration licence area in Namibia – PEL 73. This new fold belt province, the “Damara Fold Belt”, initially identified SW of the Karoo Rift Basin, consists of a very prominent and clearly imaged series of anticlinal structures, also … Continue Reading

VANCOUVER, BC, Feb. 9, 2023 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is unaware of any material change.

At the request of IIROC, ReconAfrica wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. 

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 Company holds … Continue Reading

VANCOUVER, BC, Dec. 22, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) provides an operational update including the planned acquisition of the first Enhanced Full Tensor Gravity (“eFTG”) survey conducted in Namibia.

On June 28, 2022, ReconAfrica engaged a leading airborne geophysical survey provider to conduct an eFTG survey over an area of nearly 2,200 square kilometers (540,000 acres) in ReconAfrica’s 25,000 square kilometers (6.3 million acres) PEL073 exploration license in north-eastern Namibia. The eFTG is the advanced high resolution airborne gravity survey … Continue Reading

VANCOUVER, BC , Dec. 7, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces a conference call for investors and analysts will be held on Thursday, December 8, 2022 at 11:00 am Eastern Time. Participants will include Scot Evans, Chief Executive Officer, Dr. James Granath, Chief Geoscientist, and Grayson Andersen, Head of Capital Markets.

Analysts and Investors are invited to participate using the following dial-in numbers:

Participant Number (Toll Free North
America):

1-888-390-0546

Conference ID:

83663124

Audience URL:

https://app.webinar.net/vbMw4zeZK63

A replay of the conference … Continue Reading

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