Reconnaissance Energy Africa Ltd.
To date, ReconAfrica has been granted licences by Namibia and Botswana to explore and confirm the presence of their hydrocarbon resources. Subject to declaring commerciality, the company is entitled to a long-term production licence to develop conventional hydrocarbons in collaboration with governments, our partners, and other key stakeholders. ReconAfrica has not applied for, does not have the intention to, nor been granted or given, permits to allow 'fracing' - a point which ReconAfrica, and the governments of Namiba and Botswana have publicly confirmed.
This project aims to prove potential economic reserves and support local content including local and regional jobs, national and regional suppliers and other ESG projects such as safe access to potable water, educational and training opportunities and funding in environmental and wildlife conservation, amongst others.
Should oil and gas be discovered and commercialized, the traditional authorities and elected governments of Namibia and Botswana will determine how they will manage their resources.
Reconnaissance Energy Africa Ltd. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.
Recent Articles:
ReconAfrica Targets Kilometer-Long Horizontal Well at Namibia's KW1X Discovery
ReconAfrica Resumes KW1X Operations Ahead of Horizontal Test in Strong Oil Market
Namibia Explorer Flows Gas from Huttenberg at KW1X
Oil Explorer Proves Hydrocarbon Flow in Massive Namibia Play
Namibia Onshore Explorer Delivers First Hydrocarbons to Surface
Oil & Gas Explorer Finds Encouraging Namibia Flow Results
More Articles
Experts Following This Company
| John Newell – John Newell & Associates | |
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Bill Newman, Vice President, Senior Analyst – Research Capital Corporation |
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Ron Struthers, Editor – Struthers Resource Stock Report |
Company News
10/19/2026 – ReconAfrica Announces Initiation of Horizontal Drilling at KW1X - Flow Test Results Expected Prior To Year-End
9/28/2026 – ReconAfrica Resumes Operations at Kavango West 1X Ahead of Horizontal Flow Test and Provides Updates on KW1X Flow Test Samples, Angola Soil Sampling and Gabon Seismic Reprocessing
9/10/2026 – ReconAfrica Announces Closing of $21.9 Million Bought-Deal Public Offering, Including Full Exercise of the Over-Allotment Option, to Conduct Horizontal Sidetrack and Production Testing Program at the Kavango West 1X of the Huttenberg Formation
9/4/2026 – ReconAfrica Announces Filing of Prospectus Supplement for Upsized Bought-Deal Public Offering of C$19 Million
9/1/2026 – ReconAfrica Announces C$15 Million Bought-Deal Public Offering to Conduct Horizontal Sidetrack and Production Testing Program at the Kavango West 1X of the Huttenberg Formation
8/17/2026 – ReconAfrica Announces Second Quarter 2026 Results
8/17/2026 – ReconAfrica Announces Hydrocarbon Flow to Surface from the Huttenberg Formation at Kavango West 1X; Program to Continue with Open Hole Horizontal Testing
Important Disclosures
Reconnaissance Energy Africa Ltd. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases.
The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content.
Billboard advertising monthly fees range from $3,000 to $5,000.
This landing page contains a summary of the company that was prepared by that company.
Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company.
The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports.
There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page.
Readers should conduct their own research for all information publicly available concerning the company.
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Streetwise Company Fact Sheet2026/10/23 15:01:55
(RECO:TSXV - RECAF:OTCQX - 0XD:FSE)
Analyst coverage
| Research Capital Corporation — Bill Newman |
Newsletter coverage
| — |
Technical Market Strategist
| John Newell & Associates — John Newell |
| Thomson Research — Stewart Thomson |
Company News
| View Latest News |
Streetwise Reports Articles
| 10/20/2026 - View Article |
| 10/01/2026 - View Article |
| 08/20/2026 - View Article |
| 08/20/2026 - View Article |
| 07/17/2026 - View Article |
Streetwise - Reconnaissance Energy Africa Ltd. Ownership Overview*
Reconnaissance Energy Africa Ltd. (RECO:TSXV;RECAF:OTCQX;0XD:FSE)
| Date | Old Symbol | Old Shares | New Symbol | New Shares |
|---|---|---|---|---|
| 02/28/20 | LGDOF:OTCQX | 1 | RECAF:OTCQX | 1 |
| 10/03/19 | LGDOD:OTCQX | 1 | LGDOF:OTCQX | 1 |
| 09/06/19 | LEN:TSX.V | 2 | RECO:TSX.V | 1 |
| 12/19/13 | LGD:TSX.V | 10 | LEN:TSX.V | 1 |
| 07/10/03 | LUV.T:TSX.V | 2 | LGD:TSX.V | 1 |
| 12/11/02 | LUV:TSX.V | 1 | LUV.T:TSX.V | 1 |
| 05/28/01 | MCE:TSX.V | 5 | LUV:TSX.V | 1 |
| 07/08/98 | CFG:TSX.V | 1 | MCE:TSX.V | 1 |
| ReconAfrica offers exposure to large exploration opportunities not found with other investment opportunities. | |
| Recon operates in safe jurisdictions onshore Namibia and Angola and in the shallow waters offshore Gabon. | |
| These assets provide shorter cycle times at more affordable exploration and development costs than alternative deep water investment vehicles. | |
| Recon has already derisked its asset portfolio with discoveries in Namibia and Gabon that are moving toward production testing and selection of appraisal drilling locations later this year, which has already been funded. | |
| Investors can have direct exposure to upcoming catalysts over the remainder of 2026. |
 Q2 2026 |
Angola - Initial geologic sampling (H2/26)
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 Q2 2026 |
Gabon - Seismic reinterpretation, Resource Report & Appraisal well location selection (H2/26)
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 Q4 2026 |
Namibia - Production test (Q2/26), appraisal well location selection (Q3/26), Possible appraisal wel
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