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Reconnaissance Energy Africa Ltd
Symbol RECO
Shares Issued 71,813,145
Close 2020-07-24 C$ 0.67
Recent Sedar Documents

Reconnaissance's Kavango drilling deemed essential

2020-07-27 06:34 ET - News Release

Mr. Jay Park reports

NAMIBIA MINISTRY OF MINES AND ENERGY DESIGNATES RECONAFRICA DRILLING OPERATIONS AS ESSENTIAL SERVICE

On July 24, 2020, Reconnaissance Energy Africa Ltd. received from the Namibia Ministry of Mines and Energy (MME) a letter that declares the planned drilling operations to be undertaken in the fourth quarter of 2020 by Reconnaissance Energy Africa in the Kavango basin as essential service. The company will work with MME providing schedules for arrival of equipment and personnel anticipated throughout September and October, 2020.

"We are pleased that the Namibia Ministry of Mines and Energy has expressed its full support for the importation of equipment and admission of foreign personnel, facilitating ReconAfrica's fourth quarter 2020 drilling schedule," said Jay Park, chief executive officer of the company. "We will of course ensure compliance by company personnel with all applicable COVID rules in effect."

The company advises that it has received from Sproule International Ltd. an updated estimation of the prospective resources of Reconnaissance Energy Africa that includes the company's rights in Botswana as of June 30, 2020.

A copy of the Sproule report will be filed on SEDAR under Reconnaissance Energy Africa's profile.

About Reconnaissance Energy Africa Ltd.

Reconnaissance is a junior oil and gas company engaged in the opening of the newly discovered deep Kavango sedimentary basin in northeastern Namibia and northwestern Botswana, where the company holds petroleum licences comprising approximately 8.75 million contiguous acres.

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