VANCOUVER, BC, July 8, 2020 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSX-V: RECO) (OTC: RECAF) (Frankfurt: 0XD) is pleased to announce the appointment of Mr. Doug Allen as Senior Vice President, Investor Relations.
Doug Allen brings more than 38 years-experience in the financial services and financial communications industries to ReconAfrica. As the Company is set to commence the first drilling program in the newly discovered Kavango sedimentary basin in Namibia and Botswana later this year, Doug will be responsible for the management of the Company's communications with the buy-side, sell-side and media.
"Doug is a proven communicator in the natural resource space. He will bring a very well regarded level of professionalism, passion and reach to this important role," stated Jay Park, ReconAfrica's CEO. "We welcome Doug and his proven credentials to the ReconAfrica team."
ReconAfrica 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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Cautionary Statements: Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
SOURCE Reconnaissance Energy Africa Ltd.
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J. Jay Park, CEO or Scot Evans, COO | Tel: +1 (604) 423-5384, Email: firstname.lastname@example.org