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RECONAFRICA ANNOUNCES AN OPERATIONS AND JOINT VENTURE UPDATE
RECONAFRICA ANNOUNCES AN OPERATIONS AND JOINT VENTURE UPDATE Canada NewsWire ...
About this update from Reconnaissance Energy Africa Ltd.
[{"type":"text","content":"\n \n \n \n RECONAFRICA ANNOUNCES AN OPERATIONS AND JOINT VENTURE UPDATE\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n June 11, 2024\n \n \n /CNW/ - Reconnaissance Energy Africa Ltd. (the \"Company\" or \"ReconAfrica\") (TSXV: RECO) (OTCQX: RECAF) (\n \n Frankfurt\n \n : 0XD) announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 (\"PEL 73\"), onshore northeast\n \n Namibia\n \n , and an update on the joint venture process.\n \n \n \n \n \n Brian Reinsborough\n \n , President and CEO commented\n \n \n : \"Our operations teams and contractors are very busy completing the camp and rig moves this week. Since our last update the\n \n Jarvie\n \n -1 drilling rig has undergone all its maintenance and certification processes with no major issues noted. It has been rigged down and is moving approximately 80 kilometers to the Naingopo location. The conductor hole has been drilled and we continue to track for a spud toward the end of the month. The well is expected to take 90 days to drill, targeting multiple reservoir intervals in the highly prospective Damara Fold Belt. Our joint venture process continues to progress towards closure as we target a completed transaction ahead of the start of drilling of the Naingopo well.\"\n \n \n \n \n \n Chris Sembritzky\n \n , SVP Exploration commented:\n \n \n \"There is tremendous excitement about the upcoming spud of the Naingopo exploration well, which will be the first well to test the Damara Fold Belt. The thorough petroleum systems work that our team has conducted over the last ...