ReconAfrica works with national and regional governments, Traditional Authorities and their communities amongst other stakeholders to explore the oil and gas potential of Petroleum Exploration Licence PEL 073 in northeast Namibia (6.3 million acres), PEL 001 in northwest Botswana (1.9 million acres) and has a Memorandum of Understanding ("MOU") in southeast Angola (5.2 million acres).

Our Environmental, Social and Governance Approach to Business

ReconAfrica’s environmental, social and governance (ESG) approach to business includes collaboration with communities, governments (including national, regional, local and Traditional Authorities) and other key stakeholders. We have developed a comprehensive series of internal corporate governance policies aimed at directing and managing the Company’s operations. We are committed to complying with regulatory standards and with our own policies and practices. Our ESG approach considers operational developments and feedback from a range of Namibian, Botswana, and international stakeholders, together with ESG experts. The ESG team members work with various departments so that our project activities are consistent with our ESG commitments including compliance with national laws and international standards.

Latest News Releases

Jun 5, 2025

ReconAfrica Announces Upsize of Underwritten Offering to C$16.5 Million

Jun 4, 2025

ReconAfrica Announces C$10 Million Overnight Marketed Offering, Led by over C$4 Million in Lead Orders, Including Strategic Investment from BW Energy, to Drill Prospect I in Namibia with Rig Mobilization in June 2025

May 29, 2025

ReconAfrica Announces First Quarter Filings and Corporate Update

May 21, 2025

ReconAfrica Announces the Appointment of Mark Friesen as Managing Director, Investor Relations and Capital Markets, an Update on the Transaction with NAMCOR and Proposed Warrant Extension

ESG Stats

+2400

Local Content Roles

N$112M

$ Committed to ESG Initiatives

17

Scholarships Granted

36

Community Water Wells Drilled and/or Installed to Date

+1900

Community Engagement Sessions for Drilling and Seismic

Operations

ReconAfrica has ongoing exploration activities to explore for hydrocarbons in the PEL 073 licence area. Our exploratory work includes drilling conventional exploration and appraisal wells, stratigraphic test wells, conducting seismic programmes, and conducting eFTG programmes, that will provide an understanding of the geological formations in the area and the potential for commercial accumulations of oil and natural gas.

Investors

ReconAfrica is a Canadian company whose primary listing is on the TSX Venture Exchange in Canada where it trades under the ticker symbol "RECO" and has secondary listings in the US on the US OTC market trading under the ticker symbol "RECAF", in German markets under the ticker symbol "0XD" and on the Namibian Stock Exchange under the ticker symbol "REC".

The Voices of Kavango

Community development is a priority and an integral part of our long-term plans in Kavango East and Kavango West. Voices of Kavango explores the issues that matter to local communities and ReconAfrica’s commitment to bring to bring opportunity to Namibia and Botswana.