08:01:33 EDT Mon 15 Apr 2024
Enter Symbol
or Name

Login ID:
Reconnaissance Energy Africa Ltd
Symbol RECO
Shares Issued 210,887,984
Close 2024-02-27 C$ 1.07
Market Cap C$ 225,650,143
Recent Sedar Documents

ReconAfrica posts corrected data from June 26 NR

2024-02-28 14:01 ET - News Release

Mr. Brian Reinsborough reports


Reconnaissance Energy Africa Ltd. has provided an update to a press release dated June 26, 2023. In that press release, the company disclosed certain resource estimates based on a report prepared by Netherland, Sewell & Associates Inc. (NSAI) dated June 22, 2023, with an effective date of March 31, 2023, entitled "Estimates of Prospective Resources in Certain Opportunities located in the Damara Fold And Thrust Belt Play Area." As previously announced on Nov. 7, 2023, this initial report was improperly prepared. Upon completion and filing of the updated and revised NSAI report (dated Dec. 8, 2023), filed on Dec. 20, 2023, and noted in a press release on Dec. 21, 2023, the attached table references corrections to be made to the estimates announced in the June 26, 2023, press release.

As disclosed on Feb. 23, 2024, the company is targeting a new NSAI report specifically for the Damara fold belt to be released in March, 2024.

About Reconnaissance Energy Africa Ltd.

ReconAfrica is a Canadian oil and gas company engaged in the opening of the newly discovered Kavango sedimentary basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where the company holds petroleum licences comprising approximately eight million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbances of habitat in line with international standards, and will implement environmental and social best practices in all of its project areas.

We seek Safe Harbor.

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