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/C O R R E C T I O N from Source -- Reconnaissance Energy Africa Ltd./
/C O R R E C T I O N from Source -- Reconnaissance Energy Africa Ltd./ Canada NewsWire ...
About this update from Reconnaissance Energy Africa Ltd.
[{"type":"text","content":"\n\n \n \n \n /C O R R E C T I O N from Source -- Reconnaissance Energy Africa Ltd./\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n In the news release, RECONAFRICA GRANTED THE SECOND RENEWAL EXPLORATION PERIOD FOR PETROLEUM EXPLORATION LICENCE (PEL) 73, issued\n \n 30-Oct-2023\n \n by Reconnaissance Energy Africa Ltd. over CNW Group, we are advised by the company that the release has been updated. The corrected release follows:\n \n \n RECONAFRICA GRANTED THE SECOND RENEWAL EXPLORATION PERIOD FOR PETROLEUM EXPLORATION LICENCE (PEL) 73\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 30, 2023\n \n /CNW/ - Reconnaissance Energy Africa Ltd. (the \"Company\" or \"ReconAfrica\") (TSXV: RECO) (OTCQX: RECAF) (\n \n Frankfurt\n \n : 0XD) and its joint venture partner NAMCOR (the state oil company of\n \n Namibia\n \n ), have been granted approval for the Second Renewal Exploration Period by the Ministry of Mines and Energy (\"MME\"). The Second Renewal Exploration Period covers the period from\n \n 30 January 2024\n \n to\n \n 29 January 2026\n \n , relating to the approximate 6.3 million acre Petroleum Exploration Licence 73 (\"PEL 73\").\n \n \n \n \n \n \n \n \n \n \n Brian Reinsborough\n \n , President and Chief Executive Officer of ReconAfrica said, \"We appreciate the MME recognizing the significant capital deployed and the work program ReconAfrica has executed during the First Renewal Exploration Period on PEL 73 over the past three years. During the first exploration period, the Company has exceeded our work commitments through the drilling of three stratigraphic test wells, acquisition of over 2,750km of 2D seismic and a ~5,000km\n \n 2\n \n eFTG survey. I would also like to take the opportunity to recognize the efforts of the entire ReconAfrica team in executing those programs safely and for the benefit of the people of\n \n Namibia\n \n . We look forward to executing an efficient exploration program as we commence our drilling program to test the high potential Damara Fold Belt and oil-prone Rift play.\"\n \n \n Under the t...