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ReconAfrica

Sep 30, 2021

RECON AFRICA

ReconAfrica is a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where ReconAfrica holds petroleum licenses comprising approximately 8.5 million contiguous acres.

ReconAfrica holds a 90% interest in a petroleum exploration licence in NE Namibia and a 100% interest in petroleum exploration rights in NW Botswana over the entire Kavango Sedimentary Basin. The exploration licences cover an area of 25,341.33 km2 (6.3 million acres) in Namibia and 8,990 km2 (2.2 million acres) in Botswana. Based on commercial success, ReconAfrica is entitled to 25-year production licences over any commercial discovery.

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