ReconAfrica Embarks on a New Drilling Journey
CALGARY, Alberta – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is thrilled to provide an operational update regarding the upcoming Kavango West 1X exploration prospect. This announcement comes alongside important news about corporate leadership changes within the company.
Upcoming Spud of the Kavango West 1X Well
Excitement surrounds the Kavango West 1X exploration well, with all preparations progressing steadily. The drilling rig has safely arrived on-site, and critically, all permits have been obtained from relevant regulatory bodies. The team is currently engaged in final assembly and rigorous safety checks, aiming to spud the well in the upcoming weeks.
This well is designed to reach a total depth of approximately 3,800 metres (12,500 feet), aimed at penetrating a remarkable 1,500 metres into the Otavi carbonate reservoir section, marking it as the primary target within the Damara Fold Belt.
Exploring the Damara Fold Belt Play
The Kavango West 1X well represents the second testing phase within the vast Damara Fold Belt play. This extensive structural fold stretches over 22 kilometers long and three kilometers wide, revealed through cutting-edge 2D seismic data. Notably, ReconAfrica has charted over 19 mapped prospects and leads within the Damara Fold Belt trend, further bolstered by the recent acquisition of an additional 5.0 million acres through a new Memorandum of Understanding regarding adjacent Angola.
Leadership Transition within the Board
In a key corporate announcement, Iman Hill will resign from her position as a Corporate Director effective July 31, 2025, due to obligations overseas. Appointed in August 2023, her contributions over the past two years have been invaluable, and the Board expresses gratitude for her guidance.
Following her departure, the Board will maintain a five-member structure, with three members remaining as independent directors. The ongoing stability of the Board reflects the Company’s commitment to best governance practices.
Community Engagement and Operational Safety
Brian Reinsborough, President and CEO of ReconAfrica, shared his enthusiasm about the upcoming drilling endeavors. He stated, “Our team is diligently preparing to initiate the drilling of the Kavango West 1X prospect. This well is vital not just for our shareholders but also for the local communities and the broader energy landscape in Namibia.” He emphasized the Company’s ongoing commitment to community engagement and operational safety, ensuring the well is drilled with minimal disruption to local ecosystems.
Appreciating Stakeholder Cooperation
As ReconAfrica moves into this new phase, there is a clear acknowledgment of the support received from community and regulatory stakeholders, which has been pivotal in achieving the drill-ready status for the well. The Company remains dedicated to operations that prioritize safety and environmental stewardship.
Company Overview and Commitments
ReconAfrica is a prominent Canadian oil and gas entity focusing on the exploration of the Damara Fold Belt and Kavango Rift Basin, positioned in the Kalahari Desert across northeastern Namibia, southeastern Angola, and northwestern Botswana. The firm holds petroleum licenses for approximately 13 million acres of contiguous land.
In its activities, ReconAfrica is resolutely committed to minimizing habitat disturbance in line with international best practices, implementing environmental and social safeguards across all project areas, ensuring sustainable operations for both nature and local communities.
Frequently Asked Questions
What is the significance of the Kavango West 1X well?
The Kavango West 1X well is a key exploration project aimed at tapping into the Damara Fold Belt's resources, vital for the company's growth and regional energy dynamics.
Who is leaving the Board of Directors?
Iman Hill has announced her resignation effective July 31, 2025, due to foreign work obligations.
How deep is the Kavango West 1X well planned to be?
The well is planned to reach a total depth of approximately 3,800 metres (12,500 feet).
What are the company’s commitments regarding environmental safety?
ReconAfrica is dedicated to minimizing habitat disruption and follows international standards for environmental protection and social responsibility in its operations.
How many prospects has ReconAfrica identified in the Damara Fold Belt?
The company has identified over 19 prospects and leads within the expansive Damara Fold Belt trend.
