Reconnaissance Energy Africa advances Namibia testing program, files Q1 results
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) told investors that production testing at its Kavango West 1X (KW1X) discovery well in Namibia is on track to begin before the end of May, marking a key next step as the company advances appraisal plans in the Kavango Basin. Alongside filing its first quarter 2026 financial statements and management discussion and analysis, the company said preparations for downhole production testing are advancing, with equipment, trucks and crews arriving at the site and required permits secured from regulatory authorities for both ReconAfrica and its service providers.
Reconnaissance Energy Africa expects Kavango West 1X production testing to begin by month-end
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) announced that operations in Namibia are advancing toward the start of production testing at the Kavango West 1X well, with testing expected to begin before the end of May. The company, along with partners NAMCOR and BW Energy, said equipment and services for the downhole testing program have been arriving on site from both Namibian and international suppliers.
ReconAfrica advances Namibia discovery toward appraisal, expands Africa footprint
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said it expects to complete production testing at its Kavango West 1X discovery in Namibia by the end of June, a key milestone that could underpin a potential development decision as the company accelerates exploration across southern and West Africa. The oil and gas explorer said optimized zone production testing at the discovery well is set to begin in early-to-mid May, with six hydrocarbon-bearing zones to be evaluated sequentially over roughly 420 metres of reservoir.
ReconAfrica CEO talks Kavango West test plans - ICYMI
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) earlier this week provided an operational update outlining progress across its Namibia and Gabon assets, with several near-term catalysts expected to shape the company's trajectory. Chief executive Brian Reinsborough said the company is preparing to commence production testing at the Kavango West well in Namibia, targeting a late April or early May start.
ReconAfrica begins testing at Namibia discovery, advances Gabon work program
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said on Thursday it has begun production testing at its Kavango West 1X discovery well in Namibia, while advancing seismic work and appraisal planning on its offshore Ngulu block in Gabon as part of a catalyst-rich 2026 program. The oil and gas explorer said it has received all regulatory permits required to proceed with testing at Kavango West, with crews now on site preparing the well.
Reconnaissance Energy Africa raises $36M for 2026 work program - ICYMI
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) CEO Brian Reinsborough talked with Proactive about the company's oversubscribed $36 million financing, which sets the stage for its 2026 operations across three key African jurisdictions. Reinsborough noted that the offering, originally targeted at $20 million, saw significant institutional interest, leading to an expansion and over-allocation.
ReconAfrica raises C$36.8M in underwritten equity offering
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said on Monday it has raised C$36.8 million ($27.2 million) after completing an underwritten equity offering, including the full exercise of an over-allotment option. The Canada-listed oil and gas explorer issued 38.7 million units at C$0.95 each, with each unit consisting of one common share and one-half of a common share purchase warrant, the company said.
ReconAfrica launches C$20M financing to fast-track Kavango, Angola and Gabon programs
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) announced a C$20 million overnight marketed private placement to fund a broad 2026 capital program spanning Namibia, Angola and offshore Gabon. The offering, priced at C$0.95 per unit, comprises one common share and one-half of a common share purchase warrant, with each full warrant exercisable at C$1.20 for up to 36 months.
Reconnaissance Energy Africa named oil and gas top pick by Research Capital analysts
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) has been named a top oil and gas pick for 2026 by analysts at Research Capital, who cited the company's high-risk, high-reward profile ahead of a pivotal production test. ReconAfrica is advancing projects in Namibia and Gabon, offering a combination of frontier exploration upside and lower-risk development potential.
Reconnaissance Energy Africa provides year-end update, prepares for Kavango West 1X production testing
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) has shared a year-end operational update, outlining progress across its exploration portfolio in Namibia, Angola and Gabon, with several technical and operational milestones expected in 2026. The company said that 2025 was marked by portfolio expansion and continued exploration activity, including drilling success in Namibia's Damara Fold Belt, entry into onshore Angola and the addition of an offshore position in Gabon.
Reconnaissance Energy Africa testing identifies hydrocarbon pay at Kavango West 1X well in Namibia
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) announced that drilling at its Kavango West 1X well on Petroleum Exploration Licence (PEL) 73 in onshore Namibia encountered hydrocarbon pay in the Otavi reservoir section. The well encountered approximately 400 metres (1,300 feet) of gross hydrocarbon section, including 64 net metres (210 feet) of hydrocarbon pay.
Reconnaissance Energy Africa extends drilling depth at Kavango West 1X well due to ‘encouraging' presence of hydrocarbons
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) announced that the Kavango West 1X exploration well in Namibia has been drilled safely and efficiently to a current depth of 4,158 metres (m), which is deeper than the originally planned total depth of 3,800m. The Canadian oil and gas company said it applied for and received approval to drill to about 4,200m based on the encouraging presence of hydrocarbons.
