NAMIBIA: ReconAfrica Provides Kavango West 1X Drilling Update

The Company spud the Kavango West 1X exploration well on July 31, 2025. The well is currently drilling the 8.5-inch section at a depth of approximately 1,910 metres. The next, and final, casing string will be set at approximately 2,400 metres before drilling penetrates the Otavi reservoir zone in October.

The drill plan includes drilling approximately 1,500 metres of the Otavi reservoir before reaching total depth of around 3,800-4,250 metres by the end of November 2025.

Brian Reinsborough, President and CEO of the Company commented : “Our operations team members in Namibia are doing an excellent job on the drilling the Cboth efficiently and safely. Drilling remains on schedule, we expect to reach total depth by the end of November. We anticipate entering the Otavi reservoir, the primary target for the Damara Fold Belt Play, in October and plan to penetrate over 1,500 metres of potential reservoir section before reaching TD. We look forward to reporting results of this play opening well to all stakeholders around year-end.”