NAMIBIA: BW Energy to Acquire Shares in Reconnaissance Energy Africa & PEL 73

BW Energy has signed a Letter Agreement with Reconnaissance Energy Africa Ltd (ReconAfrica) to acquire approximately 16.8 million common shares and 16.8 million warrants for a total consideration of USD … Read More

NAMIBIA: ReconAfrica Spuds the Naingopo exploration well on PEL 73

Reconnaissance Energy Africa and its joint venture partner NAMCOR have announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (PEL 73), onshore northeast Namibia. Additionally, the Company … Read More

NAMIBIA: ReconAfrica Announces Upcoming Spud of the Naingopo Exploration Well, PEL 73

Reconnaissance Energy Africa announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 (PEL 73), onshore northeast Namibia, and an update on the joint venture process. … Read More

NAMIBIA: ReconAfrica Receives Environmental Clearance Certificate to Drill 12 New Wells in the Kavango Basin

Reconnaissance Energy Africa it has received its Environmental Clearance Certificate (ECC) from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism, coveringPEL 73 licence, which extends over … Read More

NAMIBIA: Independent 3rd Party Natural Gas Resource Report for the Damara Fold Belt, Kavango Basin Indicates Significant Upgrade in Prospective Resources to 22.4TCF

Reconnaissance Energy Africa has announced an updated prospective resource estimate supported by a Prospective Resource Report (dated June 22, 2023 with an effective date of March 31, 2023) focused solely on the new Damara … Read More

NAMIBIA: ReconAfrica Ongoing 2-D Seismic Program Confirms New Play Type in the Southern & Western Part of PEL 73

Reconnaissance Energy Africa announces 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 … Read More

NAMIBIA: Makandina 8-2 Well in the Karoo Rift Basin a Bust

The 8-2 well which was spud on 25th of June 2022 and reached total depth on the 15th of August 2022, has further confirmed the presence of a working petroleum … Read More