Reconnaissance Vitality Africa Ltd. (the “Firm” or “ReconAfrica”) (TSXV: RECO,OTC:RECAF) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is happy to announce the outcomes of the Kavango West 1X properly positioned on Petroleum Exploration Licence (“PEL”) 73, onshore Namibia.
Highlights of Kavango West 1X properly:
- The properly encountered ~400 metres (~1,300 toes) of gross hydrocarbon part recognized on wireline logs within the Otavi carbonate part.
- The properly encountered 64 internet metres (210 toes) of hydrocarbon pay, verified by wireline logs and supported by mud log anomalies.
- A further 61 metres (200 toes) of hydrocarbon reveals recognized within the deeper sections, the place interpreted pure fractures within the limestone reservoir happen.
- The Firm plans to manufacturing take a look at Kavango West 1X within the first quarter of 2026.
Brian Reinsborough, President & CEO, commented: “ReconAfrica is worked up to announce that the Kavango West 1X properly has encountered hydrocarbon pay within the Otavi reservoir part. The outcomes from this properly have allowed the Firm to proceed to a hit case analysis, which incorporates conducting a manufacturing take a look at of potential intervals to find out deliverability traits from the properly. We’re enthusiastic about what the outcomes imply for the way forward for the Damara Fold Belt play on ReconAfrica’s lease place onshore Namibia which covers over six million potential acres. I’m additionally very happy with the ReconAfrica crew who drilled this properly safely, on schedule and on price range with sturdy native stakeholder engagement.”
Kavango West 1X Properly
ReconAfrica accomplished drilling operations at Kavango West 1X (“KW1X”) on November 29, after reaching complete depth (“TD”) of 4,200 metres (13,800 toes) and conducting an in depth wireline logging program. The properly has been temporally deserted and shall be re-entered as soon as testing gear arrives within the first quarter of 2026.
Intensive wireline logging signifies ~85 metres (~280 toes) of internet reservoir with 64 metres (210 toes) of internet hydrocarbon pay throughout a gross interval of ~400 metres (~1,300 toes) containing a number of limestone reservoir models. Mud and gasoline samples have been collected all through the properly and shall be despatched to the Unites States for evaluation. No core samples had been taken on this properly.
The Firm’s ahead program will deal with testing the properly to determine circulation charges from intervals of curiosity. Testing shall be carried out due to the optimistic indications of hydrocarbon saturated reservoirs primarily based on wireline logs and oil and gasoline reveals along with interpreted pure fractures within the limestone reservoir models, which ought to improve deliverability of hydrocarbons.
Manufacturing Take a look at (Tubing-Conveyed Perforating, TCP)
A manufacturing take a look at shall be carried out to find out the deliverability traits of the intervals of curiosity throughout the Otavi carbonate part. The manufacturing take a look at shall be run in 5-inch manufacturing casing with Tubing-Conveyed Perforations (TCP) to selectively perforate intervals primarily based on the place hydrocarbon pay has been recognized on wireline logs and the place vital oil and gasoline reveals had been encountered. Intervals of curiosity would be the 64 metres of hydrocarbon pay recognized on wireline logs and an extra 61 metres of oil and gasoline reveals recognized within the deeper sections the place interpreted pure fractures within the limestone reservoir models ought to improve deliverability of hydrocarbons. Planning and logistics have begun for this take a look at, which is anticipated to happen within the first quarter of 2026 and will run for roughly one month in period.
ReconAfrica is the operator of PEL 73 with a 70% working curiosity. Its companions are BW Vitality (20% WI) and the Nationwide Petroleum Company of Namibia (“NAMCOR”, 10% carried WI).
The Firm has filed its fiscal third quarter disclosure paperwork for the three- and nine-month durations ended September 30, 2025, together with the monetary statements and Administration’s Dialogue and Evaluation (“MD&A”), which can be found on SEDAR+ at www.sedarplus.ca .
About ReconAfrica
ReconAfrica is a Canadian oil and gasoline firm engaged within the exploration of the Damara Fold Belt and Kavango Rift Basin within the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana, the place the Firm holds petroleum licences and entry to ~13 million contiguous acres. The Firm additionally operates the Ngulu block within the shallow waters offshore Gabon. In all elements of its operations, ReconAfrica is dedicated to minimal disturbance of habitat in step with worldwide requirements and implementing environmental and social greatest practices in its challenge areas.
Neither the TSXV nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSXV) accepts accountability for the adequacy or accuracy of this launch.
For additional data contact:
Brian Reinsborough, President and Chief Government Officer
Mark Friesen, Vice President, Investor Relations & Capital Markets
IR Inquiries E-mail: traders@reconafrica.com
Media Inquiries E-mail: media@reconafrica.com
Tel: +1-877-631-1160
Cautionary Notice Relating to Ahead-Wanting Statements:
Sure statements contained on this press launch represent forward-looking data underneath relevant Canadian, United States and different relevant securities legal guidelines, guidelines and laws, together with, with out limitation, statements with respect to progress of the KW1X properly, complete depth reached, properly outcomes together with any reveals and/or indications of hydrocarbons, timing of properly outcomes, the general success of the properly, outcomes from manufacturing testing, internet pay and internet reservoir calculations, manufacturing testing timing, the outcomes from manufacturing and price testing, extent of pure fractures, success case eventualities, timing and certainty of 3D seismic exercise, circulation charges, deliverability, whether or not any extra testing is required, the timing and extent of such testing, timing to acquire testing supplies, and the Firm’s dedication to minimal disturbance of habitat, in step with greatest worldwide requirements and its implementation of environmental and social greatest practices in its challenge areas. These statements relate to future occasions or future efficiency. Using any of the phrases “might”, “intend”, “count on”, “consider”, “will”, “projected”, “estimated” and comparable expressions and statements referring to issues that aren’t historic info are supposed to establish forward-looking data and are primarily based on ReconAfrica’s present perception or assumptions as to the result and timing of such future occasions. There will be no assurance that such statements will show to be correct, because the Firm’s precise outcomes and future occasions might differ materially from these anticipated in these forward-looking statements on account of the elements mentioned within the “Danger Components” part within the Firm’s annual data type (“AIF”) dated April 29, 2025, for the monetary interval ended December 31, 2024, out there underneath the Firm’s profile at www.sedarplus.ca. Precise future outcomes might differ materially. Numerous assumptions or elements are sometimes utilized in drawing conclusions or making the forecasts or projections set out in forward-looking data. These assumptions and elements are primarily based on data at present out there to ReconAfrica. The forward-looking data contained on this launch is made as of the date hereof and ReconAfrica undertakes no obligation to replace or revise any forward-looking data, whether or not on account of new data, future occasions or in any other case, besides as required by relevant securities legal guidelines. Due to the dangers, uncertainties and assumptions contained herein, traders mustn’t place undue reliance on forward-looking data. The foregoing statements expressly qualify any forward-looking data contained herein.
