Reconnaissance Energy Africa Ltd. (TSXV:RECO)

Canada flag Canada · Delayed Price · Currency is CAD
1.015
-0.015 (-1.46%)
May 19, 2026, 3:59 PM EST
Market Cap388.25M +145.6%
Revenue (ttm)n/a
Net Income-15.81M
EPS-0.05
Shares Out382.51M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume521,752
Average Volume527,373
Open1.060
Previous Close1.030
Day's Range1.000 - 1.060
52-Week Range0.395 - 1.350
Beta-0.91
RSI37.15
Earnings DateJul 30, 2026

About TSXV:RECO

Reconnaissance Energy Africa Ltd., a junior oil and gas company, explores oil and gas resources in Namibia and Botswana. It holds 70% interests in the Namibia property comprising six licensed blocks located in the Kavango Basin of Northeast Namibia; 55% working interests in the Gabon property; and 80% working interests in the Angola property. The company is headquartered in Calgary, Canada. [Read more]

Sector Energy
CEO Brian Reinsborough
Employees 28
Stock Exchange TSX Venture Exchange
Ticker Symbol RECO
Full Company Profile

Financial Performance

Financial Statements

News

ReconAfrica Progresses Toward Kavango West 1X Production Test

CALGARY, Alberta, May 13, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce that ...

6 days ago - GlobeNewsWire

ReconAfrica Provides Operational Update and Reports 2025 Year-End Results

CALGARY, Alberta, April 14, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to provide an o...

5 weeks ago - GlobeNewsWire

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...

4 months 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 months 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...

4 months 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...

4 months ago - Newsfile Corp

Reconnaissance Energy Africa provides year-end operational update

Brian Reinsborough, President & CEO, commented: “We have had an active and productive 2025 in which we advanced the Company on multiple strategic fronts. We completed drilling our second well…

5 months ago - TheFly

Reconnaissance Energy Africa announces results at Kavango West 1X well

Reconnaissance Energy Africa (RECAF) announced the results of the Kavango West 1X well located on Petroleum Exploration Licence 73, onshore Namibia. Highlights of Kavango West 1X well: The well encoun...

5 months ago - TheFly

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...

5 months ago - GlobeNewsWire

Reconnaissance Energy Africa provides Kavango West 1X drilling update

Reconnaissance Energy Africa (RECAF) provided a drilling update on the Kavango West 1X exploration well. Operationally, the well has been drilled safely and efficiently to a current depth of 4,158…

6 months ago - TheFly

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,...

8 months ago - TheFly

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...

8 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...

8 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...

8 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...

8 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...

8 months ago - Newsfile Corp

Reconnaissance Energy Africa enters production sharing contract, JV agreement

Reconnaissance Energy Africa (RECAF) entered into a production sharing contract and a joint venture agreement, led by Recon along with Record Resources, the Republic of Gabon and its national oil…

9 months ago - TheFly

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...

9 months ago - GlobeNewsWire

Reconnaissance Energy Africa provides Kavango West 1X drilling update

Reconnaissance Energy Africa (RECAF) provided a drilling update on the Kavango West 1X exploration well that spud on July 31, 2025. Brian Reinsborough, President and CEO of the Company commented:…

9 months ago - TheFly

Reconnaissance Energy Africa says Kavango West 1X well starts drilling

Reconnaissance Energy Africa (RECAF) announces that the Kavango West 1X exploration well is currently drilling and provides a corporate update on ongoing operations. The Kavango West 1X exploration pr...

10 months ago - TheFly

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...

10 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...

10 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...

1 year 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...

1 year 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...

1 year ago - Newsfile Corp