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RECONAFRICA LAUNCHES JOINT VENTURE PROCESS FOR KAVANGO BASIN
RECONAFRICA LAUNCHES JOINT VENTURE PROCESS FOR KAVANGO BASIN Canada NewsWire ...
About this update from Reconnaissance Energy Africa Ltd.
[{"type":"text","content":"\n \n \n \n RECONAFRICA LAUNCHES JOINT VENTURE PROCESS FOR KAVANGO BASIN\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 \n \n VANCOUVER, BC\n \n \n ,\n \n \n Sept. 8, 2022\n \n \n /CNW/ - Reconnaissance Energy Africa Ltd. (the \"Company\" or \"ReconAfrica\") (TSXV: RECO) (OTCQX: RECAF) (\n \n Frankfurt\n \n : 0XD) is pleased to announce its new business relationship with Alvarez & Marsal and Hannam & Partners. The two companies will work closely with ReconAfrica in managing its evolving data room as well as launching a global reach to potential, high quality, joint venture partners to join the Company's initial exploration program in the Kavango sedimentary basin,\n \n NE Namibia\n \n .\n \n \n \n \n \n \n \n \n \n \n Alvarez & Marsal\n \n \n \n Alvarez & Marsal (\n \n New York, New York\n \n ) incorporated 1983, is one of the world's fastest growing professional and energy consulting firms with over 6,000 employees on five continents in over 30 countries. The company has established extensive global relationships in the energy sector with a solid track record in maximizing enterprise value through strategic partnerships. With ReconAfrica's active drilling and seismic programs, Alvarez & Marsal will play a key role in managing the Company's developing data room as part of the joint venture process.\n \n \n \n Hannam & Partners\n \n \n \n Hannam & Partners (\n \n London, UK\n \n ) is a privately owned, relationship-led, natural resources specialist investment bank that specializes in offering independent corporate finance and capital markets advice. Their core business is focused on energy and natural resources transactions, with significant experience across Sub-Saharan Africa. Between their senior partners, they have a combined over 135 years of experience and have raised over\n \n US$330 billion\n \n under a wide array of business structures for clients around the world. In this joint effort in developing strategic joint venture partners for ReconAfrica's interests in the Kavango basin, Hannam &...