Reconnaissance Energy Africa Ltd.

Equities

RECO

CA75624R1082

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 03:59:59 2024-07-16 pm EDT			5-day change	1st Jan Change
1.39 ^CAD	-4.14%		-9.74%	+32.38%

Jul. 08	Reconnaissance Energy Africa Spuds Naingopo Exploration Well, Provides JV and Warrant Exercise Updates	MT
Jul. 08	Reconnaissance Energy Africa Ltd. Announce the Spudding of the Naingopo Exploration Well on Petroleum Exploration Licence 73	CI

ReconAfrica Appoints Mr. Nick Steinsberger as Senior Vice President, Drilling and Completions

June 25, 2020 at 12:02 am EDT

Reconnaissance Energy Africa Ltd. announced, in preparation for the upcoming drilling program in the Kavango Basin, the appointment of Mr. Nick Steinsberger as Senior Vice President, Drilling and Completions. Nick will be responsible for both the management of the Company's Crown 750 drilling rig and the drilling and completion of the initial drilling program, scheduled for fourth quarter of 2020.

Latest news about Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Spuds Naingopo Exploration Well, Provides JV and Warrant Exercise Updates	Jul. 08	MT
Reconnaissance Energy Africa Ltd. Announce the Spudding of the Naingopo Exploration Well on Petroleum Exploration Licence 73	Jul. 08	CI
Reconnaissance Energy Africa Provides Update on Operations, JV	Jun. 27	MT
Correction on Ticker: -- Gold Reserve Brief: Providing Update on Prior Announced Private Placement	Jun. 27	MT
Gold Reserve Brief: Providing Update on Prior Announced Private Placement	Jun. 27	MT
Reconafrica Announces an Operations Update and Joint Venture Update	Jun. 27	CI
Reconnaissance Energy Africa Brief: Announcing An Operations Update and JV Update	Jun. 27	MT
Reconnaissance Energy Africa Ltd. Announces an Operations and Joint Venture Update	Jun. 11	CI
Reconnaissance Energy Africa Brief: Announcing Retirement of Chairman Craig Steinke, Appointment of Diana McQueen as Chair and Appointment of D. Jeffrey Harder as New independent director and Chair of the Audit Committee	Jun. 06	MT
Reconnaissance Energy Africa Ltd. Announces Board and Committee Changes	Jun. 06	CI
Reconnaissance Energy Africa Announces Operations and JV Update, Terminates FTB Capital Contract	May. 23	MT
Reconnaissance Energy Africa Ltd. Announces an Operations Update with Respect to Activity Relating to Petroleum Exploration Licence 73, Onshore Northeast Namibia	May. 23	CI
Reconnaissance Energy Africa Ltd. Provides Joint Venture Process Update	May. 23	CI
Reconnaissance Energy Africa Provides Operations Update and a Joint Venture Update	Apr. 18	MT
ReconAfrica Closes $17.25 Million Bought Deal Public Offering	Apr. 03	MT
ReconAfrica Announces Proposed Settlement of Class Action Lawsuits	Feb. 28	MT
Reconnaissance Energy Africa Ltd. Announces Resignation of Mark Gerlitz from the Board of Directors	Feb. 23	CI
ReconAfrica Offers Operational, Licencing, Filing Updates	Dec. 21	MT
Reconnaissance Energy Africa Details Leadership Changes In Exploration Team	Dec. 15	MT
Reconnaissance Energy Africa Ltd. Appoints Christopher Sembritzky as Senior Vice President of Exploration	Dec. 15	CI
Reconnaissance Energy Africa's Q3 Loss Widens, Revenue Drops; Provides Update	Nov. 29	MT
Reconnaissance Energy Africa Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 27	CI
Chame Energy Corporation acquired Renaissance Oil Corp. from Reconnaissance Energy Africa Ltd. for approximately $110 million.	Nov. 09	CI
Reconnaissance Energy Africa Obtains Second Renewal Exploration Period For Petroleum Exploration Licence 73; Up 6%	23-10-30	MT
Reconnaissance Energy Africa Ltd. and NAMCOR Announce the Ministry of Mines and Energy Grants Approval of the Second Renewal Exploration Period from 30 January 2024 to 29 January 2026	23-10-30	CI

Chart Reconnaissance Energy Africa Ltd.

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Company Profile

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

Sector

Oil & Gas Exploration and Production

Calendar

2024-08-25 - Q2 2024 Earnings Release (Projected)

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.015 USD

Average target price

1.511 USD

Spread / Average Target

+48.85%

Consensus

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