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Reconnaissance Energy: Expectation Around New Exploration Well And JV Discussion (RECAF)

Reconnaissance Energy: Expectation Around New Exploration Well And JV Discussion (RECAF)
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Namibia generalUnited statesChristopher sembritzkyJim ohlmsBrian reinsboroughRodney kirklandAmerican oilMinistry of minesChame energy corporationReconnaissance energy africaChame energyNorth american oilKavango basinNortheast namibiaNorthwest botswanaMexican assets

RECONAFRICA CLOSES SALE OF ITS MEXICO OPERATIONS

RECONAFRICA CLOSES SALE OF ITS MEXICO OPERATIONS
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Namibia generalUnited statesBritish columbiaWillem veltmanKevin smithCompany or reconafricaRegulation services providerReconnaissance energy africa ltdArms length party of the companyReconnaissance energy botswana pty ltdRenaissance oil corpTransaction to chame energy corporationEnergy africaChame energy corporationShare purchase agreementRenaissance oil

RECONAFRICA ENTERS INTO DEFINITIVE AGREEMENT FOR THE SALE OF ITS MEXICO OPERATIONS

Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce that it has entered into a definitive agreement for the sale of its Mexico operations.

Namibia generalKevin smithWillem veltmanBrian reinsboroughCompany the agreementChame energy corporationVenture exchangeArms length party of the companyRenaissance oil corpRegulation services providerShare purchase agreementRenaissance oilNon arms length partyInter company loansAgreement chameKavango sedimentary basin