Reconnaissance Energy Africa Ltd.

RECO

CA75624R1082

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 03:59:20 2024-04-26 pm EDT			5-day change	1st Jan Change
0.84 ^CAD	0.00%		-4.55%	-20.00%

Apr. 18	Reconnaissance Energy Africa Provides Operations Update and a Joint Venture Update	MT
Apr. 03	ReconAfrica Closes $17.25 Million Bought Deal Public Offering	MT

Reconnaissance Energy Africa Ltd. announced that it has received CAD 0.879949 million in funding

August 01, 2023

On August 2, 2023, Reconnaissance Energy Africa Ltd. closed the transaction. The transaction included participation from four investors.

Latest news about Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Provides Operations Update and a Joint Venture Update	Apr. 18	MT
ReconAfrica Closes $17.25 Million Bought Deal Public Offering	Apr. 03	MT
ReconAfrica Announces Proposed Settlement of Class Action Lawsuits	Feb. 28	MT
Reconnaissance Energy Africa Ltd. Announces Resignation of Mark Gerlitz from the Board of Directors	Feb. 23	CI
ReconAfrica Offers Operational, Licencing, Filing Updates	Dec. 21	MT
Reconnaissance Energy Africa Details Leadership Changes In Exploration Team	Dec. 15	MT
Reconnaissance Energy Africa Ltd. Appoints Christopher Sembritzky as Senior Vice President of Exploration	Dec. 15	CI
Reconnaissance Energy Africa's Q3 Loss Widens, Revenue Drops; Provides Update	Nov. 29	MT
Reconnaissance Energy Africa Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 27	CI
Chame Energy Corporation acquired Renaissance Oil Corp. from Reconnaissance Energy Africa Ltd. for approximately $110 million.	Nov. 09	CI
Reconnaissance Energy Africa Obtains Second Renewal Exploration Period For Petroleum Exploration Licence 73; Up 6%	23-10-30	MT
Reconnaissance Energy Africa Ltd. and NAMCOR Announce the Ministry of Mines and Energy Grants Approval of the Second Renewal Exploration Period from 30 January 2024 to 29 January 2026	23-10-30	CI
Toronto Stocks Edge Lower; Waste Management Shares Slide on Headwinds Ahead	23-10-26	DJ
Reconnaissance Energy Africa Says Entered Into Definitive Agreement For Sale of Its Mexico Ops; Shares Fell 7.4% Wednesday	23-10-26	MT
Chame Energy Corporation entered into a definitive agreement to acquire Renaissance Oil Corp. from Reconnaissance Energy Africa Ltd. for approximately $110 million.	23-10-25	CI
Reconnaissance Energy Africa Completes Non-Brokered Private Placement With Insiders	23-09-05	MT
Reconnaissance Energy Africa Ltd. announced that it has received CAD 1.20008 million in funding	23-09-04	CI
Reconnaissance Energy Africa Ltd. Announces Appointment of Iman Hill as New Independent Director, Effective August 29, 2023	23-08-29	CI
Reconnaissance Energy Africa Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-27	CI
Reconnaissance Energy Africa Ltd. announced that it expects to receive CAD 1.2 million in funding	23-08-02	CI
Reconnaissance Energy Africa Ltd. announced that it has received CAD 0.879949 million in funding	23-08-01	CI
Reconnaissance Energy Africa Ltd. to Appoint Brian Reinsborough as Chief Executive Officer	23-08-01	CI
Reconnaissance Energy Africa Ltd. Announces Executive Appointments	23-08-01	CI
Reconnaissance Energy Africa Ltd. Reports Earnings Results for the Fifteen Months Ended March 31, 2023	23-07-30	CI
Reconnaissance Energy Africa Raises $7.5 Million Via Overnight Marketed Offering	23-07-18	MT

Chart Reconnaissance Energy Africa Ltd.

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Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-28 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.6136 USD

Average target price

1.575 USD

Spread / Average Target

+156.67%

Consensus

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