NAMIBIA: ReconAfrica Gets 3-year Extension to its ECC Covering PEL 73

ReconAfrica has received a three year extension to its Environmental Clearance Certificate, 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 as completing a sidetrack of the Company’s first well, Kawe 6-2, in the Kavango Basin. The extended ECC is valid for three years from August 26, 2022 until August 26, 2025. The ECC extension was approved on August 11, 2022.

Scot Evans, Chief Executive Office of ReconAfrica stated:

The extension of the Environmental Clearance Certificate was underpinned by extensive on-the-ground and research based data gathering by our technical teams working in combination with our third-party technical partners. The extension further demonstrates how ReconAfrica is working collaboratively with our interested and impacted stakeholders in Namibia including local and national government entities/representatives, as well as with the Traditional Authorities, as we pursue the commercial development of the Kavango Basin. The extension enables the Company to plan and execute our current stratigraphic drilling and sidetrack programs.’

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