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The well remains on schedule to begin drilling in June 2024 and is targeting 163 MMbbl of unrisked prospective oil resources or 843 Bcf of unrisked prospective natural gas resources based on the most recent prospective resources report.
VANCOUVER, BC, May 23, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 , onshore.
Reconnaissance Energy Africa has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73 ( PEL 73 ), onshore northeast Namibia, an update on the joint venture process and the termination of the marketing agreement with FTB Capital Inc.