Reconnaissance Energy Africa provides Kavango West 1X drilling update

Reconnaissance Energy Africa (RECAF) provided an operational update regarding the Kavango West 1X exploration well. Drilling operations advanced ahead of schedule in the shallower section of the well, which caused a deferral of operations for several weeks at the current casing depth as the Company waited on casing strings for the final section of the well to be delivered to location. Operations have resumed and drilling remains on the original expected schedule. Recon anticipates being at total depth in the second half of November. The Kavango West 1X well is expected to penetrate approximately 1,500 metres of potential reservoir before reaching TD at approximately 3,800 metres. Once at TD, an extensive logging program will commence with results expected to be made public around year-end. Communications from the Company regarding the Kavango West 1X drilling details from this point until reaching TD will be under “tight hole” status, meaning that Recon will not provide indications of well results prior to final logging of the Otavi reservoir section. Strict adherence to tight hole status prior to the Company obtaining logging results should not be interpreted as being either negative or positive. Any drilling updates provided between now and the completion of logging of the Otavi reservoir zone will only include an updated drilling depth.