Africa's Oil, Gas and Energy News.
ReconAfrica is now funded in its plans to expedite activity across its portfolio following the completion its previously announced underwritten, listed issuer financing exemption offering. The offering which raised aggregate … Read More
Brian Reinsborough, President & CEO, commented: “We have had an active and productive 2025 in which we advanced the Company on multiple strategic fronts. We completed drilling our second well in … Read More
Highlights of Kavango West 1X well: Brian Reinsborough, President & CEO, commented: “ReconAfrica is excited to announce that the Kavango West 1X well has encountered hydrocarbon pay in the Otavi reservoir … Read More
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, … Read More
Reconnaissance Energy Africa announces that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner for an overnight marketed public offering of units … Read More
The National Agency for Petroleum, Gas and Biofuels (ANPG), the Angolan National Concessionaire for the oil sector in the Upstream segment, signed today, Thursday, 17, a Memorandum of Understanding with … Read More
Reconnaissance Energy Africa Ltd announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (PEL73) and is the Company’s largest prospect to be drilled … Read More
ReconAfrica reports it continues to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set … Read More
Highlights of the Naingopo well: Brian Reinsborough , President and CEO of the Company stated: “We are excited about the results of this well, which opens the play and demonstrates a working … Read More
Reconnaissance Energy Africa announces that, further to its announcements on July 16, 2024 and July 30, 2024 , it has completed the farm down agreement with BW Energy. The sale of a 20% working … Read More
