Reconnaissance Energy Africa Ltd. (RECAF)

OTCMKTS · Delayed Price · Currency is USD
0.5900
-0.0050 (-0.84%)
Feb 12, 2026, 10:43 AM EST
Market Cap223.60M +22.4%
Revenue (ttm)n/a
Net Income-17.62M
EPS-0.06
Shares Outn/a
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume20,000
Average Volume1,252,808
Open0.5900
Previous Close0.5950
Day's Range0.5900 - 0.6020
52-Week Range0.2776 - 0.9869
Beta-0.57
RSI45.77
Earnings DateFeb 27, 2026

About RECAF

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconnaissance Energy Africa Ltd. is headquartered in Calgary, Canada. [Read more]

Sector Energy
CEO Brian Reinsborough
Employees 29
Stock Exchange OTCMKTS
Ticker Symbol RECAF
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

News

ReconAfrica Announces Closing of C$36.8 Million Underwritten Offering, Funded to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery and Advance Activities at Ngulu Block in Gabon

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** CALGARY, Alberta, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Compa...

23 days ago - GlobeNewsWire

ReconAfrica Announces Adoption of Shareholder Rights Plan

CALGARY, Alberta, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that the Board of...

4 weeks ago - GlobeNewsWire

ReconAfrica Announces Upsize of Underwritten Offering to C$32.0 Million to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery and Advance Activities at Ngulu Block in Gabon

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** Calgary, Alberta--(Newsfile Corp. - January 7, 2026) - Reconnaissance Energy Africa Ltd. (TSXV: R...

5 weeks ago - Newsfile Corp

ReconAfrica Announces C$20 Million Overnight Marketed Offering to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery and Advance Activities at Ngulu Block in Gabon

Calgary, Alberta--(Newsfile Corp. - January 6, 2026) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica" or "Recon") announces an over...

5 weeks ago - Newsfile Corp

ReconAfrica Announces Results at Kavango West 1X Well, Onshore Namibia

CALGARY, Alberta, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce th...

2 months ago - GlobeNewsWire

ReconAfrica Announces Closing of C$20.4 Million Underwritten Offering

CALGARY, Alberta, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce t...

4 months ago - GlobeNewsWire

ReconAfrica Announces Filing of Prospectus Supplement for Upsized Underwritten Offering of C$18 Million

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** The Base Shelf Prospectus and the Prospectus Supplement are accessible on SEDAR+ CALGARY, Alberta...

5 months ago - GlobeNewsWire

ReconAfrica Announces Upsize of Underwritten Offering to C$18 Million for the Advancement of Operational Activities on its Ngulu Block, Offshore Gabon, and Provides a Drilling Update on the Kavango West 1X Exploration Well

The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ Calgary, Alberta--(Newsfile Corp. - September 19, 2025) - Reconnaissa...

5 months ago - Newsfile Corp

ReconAfrica Announces C$10 Million Overnight Marketed Offering for the Advancement of Operational Activities on Its Ngulu Block, Offshore Gabon, and Provides a Drilling Update on the Kavango West 1X Exploration Well

The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ Calgary, Alberta--(Newsfile Corp. - September 18, 2025) - Reconnaissa...

5 months ago - Newsfile Corp

Record Resources Forms Strategic Joint Venture with ReconAfrica to Enter Gabon, Africa, Acquiring Oil Development and Exploration Assets and Signs Production Sharing Contract

Calgary, Alberta--(Newsfile Corp. - September 12, 2025) - Record Resources Inc. (TSXV: REC) ("Record Resources" or the "Company") is pleased to announce that on September 8, 2025, it formed a strategi...

5 months ago - Newsfile Corp

Record Resources Forms Strategic Joint Venture with ReconAfrica to Enter Gabon, Africa, Acquiring Oil Development and Exploration Assets and Signs Production Sharing Contract

Calgary, Alberta--(Newsfile Corp. - September 9, 2025) - Record Resources Inc. (TSXV: REC) ("Record Resources" or the "Company") is pleased to announce that on September 8, 2025, it has formed a strat...

5 months ago - Newsfile Corp

ReconAfrica Announces Strategic Entry into Offshore Gabon and Signing of a Production Sharing Contract that Adds Significant Oil Appraisal, Development and Exploration Opportunities

CALGARY, Alberta, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica” or “Recon”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to a...

5 months ago - GlobeNewsWire

ReconAfrica Provides a Corporate Update and Announces That the Kavango West 1X Well Has Started Drilling

CALGARY, Alberta, July 31, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that the Kavang...

7 months ago - GlobeNewsWire

ReconAfrica Provides a Corporate Operational Update

CALGARY, Alberta, July 22, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) provides an operational u...

7 months ago - GlobeNewsWire

ReconAfrica Announces Closing of C$19 Million Underwritten Offering, Including the Full Exercise of the Over-Allotment Option

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** CALGARY, Alberta, June 17, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Compa...

8 months ago - GlobeNewsWire

ReconAfrica Announces Upsize of Underwritten Offering to C$16.5 Million

The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ Calgary, Alberta--(Newsfile Corp. - June 5, 2025) - Reconnaissance En...

9 months ago - Newsfile Corp

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

The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ Calgary, Alberta--(Newsfile Corp. - June 4, 2025) - Reconnaissance En...

9 months ago - Newsfile Corp

ReconAfrica Announces First Quarter Filings and Corporate Update

CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces the filing of it...

9 months ago - GlobeNewsWire

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

CALGARY, Alberta, May 21, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an update to its...

9 months ago - GlobeNewsWire

RECONAFRICA ANNOUNCES ANNUAL FILINGS AND CORPORATE UPDATE

CALGARY, AB , April 30, 2025 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces the filing of annual di...

10 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AGREEMENT FOR JOINT EXPLORATION PROJECT IN ANGOLA ADDING 5.2 MILLION ACRES AND SIGNIFICANT RESOURCE POTENTIAL ALONG THE DAMARA FOLD BELT AND RIFT BASIN PLAYS

CALGARY, AB , April 17, 2025 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a join...

10 months ago - PRNewsWire

RECONAFRICA PROVIDES DRILLING UPDATE ON PROSPECT I

CALGARY, AB , April 10, 2025 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces a drilling update on Pr...

11 months ago - PRNewsWire

RECONAFRICA ANNOUNCES ACCELERATION OF DRILLING INTO Q2 2025 AND A CORPORATE UPDATE

CALGARY, AB , March 20, 2025 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces the acceleration of dri...

11 months ago - PRNewsWire

RECONAFRICA ANNOUNCES A WEBINAR AND CONFERENCE CALL FOR INVESTORS AND ANALYSTS

CALGARY, AB , Feb. 11, 2025 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces a webinar and conference...

1 year ago - PRNewsWire

RECONAFRICA ANNOUNCES COMPLETION OF DRILLING OPERATIONS ON THE NAINGOPO EXPLORATION WELL

CALGARY, AB , Nov. 27, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that it has reached tota...

1 year ago - PRNewsWire