Reconnaissance Energy Africa Ltd. (RECAF)

OTCMKTS · Delayed Price · Currency is USD
0.690
-0.029 (-4.03%)
Jan 16, 2025, 3:49 PM EST
-18.70%
Market Cap 184.34M
Revenue (ttm) n/a
Net Income (ttm) 44.68M
Shares Out n/a
EPS (ttm) 0.20
PE Ratio 4.13
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 68,839
Average Volume 239,481
Open 0.701
Previous Close 0.719
Day's Range 0.683 - 0.720
52-Week Range 0.550 - 1.390
Beta 1.39
RSI 41.89
Earnings Date Feb 21, 2025

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 that covers an area of approximately 25,341.33 square kilometer located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square kilometer located in northwestern Botswana. Reconnaissance Energy Africa Ltd. is headquartered in Vancouver, Canada. [Read more]

Sector Energy
CEO Brian Reinsborough
Employees 27
Stock Exchange OTCMKTS
Ticker Symbol RECAF
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

News

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...

7 weeks ago - PRNewsWire

RECONAFRICA ANNOUNCES AN OPERATIONAL UPDATE, APPOINTMENT OF DIRECTORS AND THE FILING OF QUARTERLY FINANCIAL REPORTS

CALGARY, AB , Nov. 21, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an operational update wi...

2 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE, FILING OF QUARTERLY FINANCIAL REPORTS AND FIRST SUSTAINABILITY REPORT

CALGARY, AB , Aug. 29, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operational update, the filing o...

5 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE

CALGARY, AB , Aug. 6, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD), announces an operations update with respect t...

5 months ago - PRNewsWire

RECONAFRICA ENTERS INTO DEFINITIVE STRATEGIC FARM DOWN AGREEMENT WITH BW ENERGY

CALGARY, AB , July 30, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces  that, further to its announcement ...

6 months ago - PRNewsWire

RECONAFRICA ANNOUNCES ANNUAL FILINGS AND CORPORATE UPDATE

CALGARY, AB , July 30, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces the filing of annual disclosure doc...

6 months ago - PRNewsWire

ReconAfrica Announces C$35 Million Underwritten Offering

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days

6 months ago - GlobeNewsWire

BW Energy: Signs Letter Agreement to acquire shares in Reconnaissance Energy Africa and 20% interest in onshore exploration license PEL 73 in Namibia

BW Energy: Signs Letter Agreement to acquire shares in Reconnaissance Energy Africa and 20% interest in onshore exploration license PEL 73 in Namibia

6 months ago - GlobeNewsWire

ReconAfrica Announces a Strategic Partnership with BW Energy to Explore Onshore Namibia and Concurrent C$35 Million Overnight Marketed Offering, Led by C$22 Million Strategic Investment from BW Energy

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, July 16, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfric...

6 months ago - GlobeNewsWire

RECONAFRICA ANNOUNCES THE SPUD OF THE NAINGOPO EXPLORATION WELL, JOINT VENTURE UPDATE AND WARRANT EXERCISE UPDATE

CALGARY, AB , July 8, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the stat...

6 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE AND JOINT VENTURE UPDATE

CALGARY, AB , June 27, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operations update with respect t...

7 months ago - PRNewsWire

RECONAFRICA ANNOUNCES STOCK OPTION GRANT

CALGARY, AB , June 19, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) provides disclosure of incentive stock option...

7 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AN OPERATIONS AND JOINT VENTURE UPDATE

CALGARY, AB , June 11, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operations update with respect t...

7 months ago - PRNewsWire

RECONAFRICA ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

VANCOUVER, BC , June 6, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces changes to its Board of Directors,...

8 months ago - PRNewsWire

Reconnaissance Energy Africa: Great Expectations Around The New Exploration Well And JV Discussions

ReconAfrica is a Canadian oil and gas company exploring the Kavango Basin, with volatile stock performance and a market capitalization of $205M. Q4-2023 financials show a loss of $74.8M due to the sal...

8 months ago - Seeking Alpha

RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE, JOINT VENTURE UPDATE AND TERMINATION OF FTB CAPITAL INC. CONTRACT

VANCOUVER, BC , May 23, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operations update with respect ...

8 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE, JOINT VENTURE UPDATE AND CONFERENCE EVENT

VANCOUVER, BC , April 18, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operations update with respec...

9 months ago - PRNewsWire

ReconAfrica Announces Upsize of Bought-Deal Public Offering to C$15 Million

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 22, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or...

10 months ago - GlobeNewsWire

ReconAfrica Announces C$10 Million Bought-Deal Public Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or...

10 months ago - GlobeNewsWire

RECONAFRICA ENGAGES FTB CAPITAL INC. TO ENHANCE INVESTOR AWARENESS

VANCOUVER, BC, March 18, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces that it has engaged the services ...

10 months ago - PRNewsWire

RECONAFRICA ANNOUNCES AN UPDATED INDEPENDENT THIRD-PARTY RESOURCE REPORT FOR THE DAMARA FOLD BELT ONSHORE NAMIBIA

VANCOUVER, BC , March 14, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an updated prospective resource ...

11 months ago - PRNewsWire

RECONAFRICA ANNOUNCES THE FILING OF QUARTERLY FINANCIAL REPORTS

VANCOUVER, BC , March 1, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces the filing of its financial resul...

11 months ago - PRNewsWire

RECONAFRICA ANNOUNCES PROPOSED SETTLEMENT OF CLASS ACTION LAWSUITS

VANCOUVER, BC , Feb. 28, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces that, subject to court approval, ...

11 months ago - PRNewsWire

Berger Montague (Canada), P.C. Announces Re-investigation Into Previously Published Reports Regarding Reconnaissance Energy Africa, Ltd.

TORONTO--(BUSINESS WIRE)--Berger Montague (Canada) P.C. announces that it has been invited to re-investigate previously published reports about Reconnaissance Energy Africa Ltd. (“ReconAfrica” or the ...

1 year ago - Business Wire

Reconnaissance Energy: 8-2 Well Was Disappointing But There Are Many Catalysts Ahead

8-2 well found no economic accumulation of hydrocarbons. Reconnaissance Energy (ReconAfrica) is preparing to spud a new well in mid-December.

2 years ago - Seeking Alpha