[Namibia] Kavango West 1X

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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 Kavango West 1X exploration well is currently drilling and provides a corporate update on ongoing operations.

Kavango West 1X (Prospect I) – Well Spud on July 31st

The Kavango West 1X exploration prospect spud on July 31st. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) by the end of November 2025 and is expected to penetrate over 1,500 metres of Otavi carbonate reservoir section, which is the primary target of the Damara Fold Belt play. The prospect is a large structural fold identified on modern 2D seismic data, which extends over 22 kilometers long by 3 kilometers wide. The Company has identified over 19 prospects and four leads mapped in the Damara Fold Belt trend, with an additional 5.0 million acres captured in a recently executed Memorandum of Understanding in offsetting Angola. More information about the Damara Fold Belt Play, and the Kavango West 1X well, can be found in the Corporate Presentation available on the Company’s website.

Brian Reinsborough, President and CEO stated: “We are pleased to announce that we have started drilling the Kavango West 1X well. This is an exciting time for everyone at the Company, our partners and stakeholders in Namibia and, of course, shareholders alike. Originally, the Kavango West 1X location was not scheduled to be the next well, but the location was reprioritized after the results of our last well, Naingopo. While this reprioritizing resulted in a slightly longer lead time to spud this location, the Company prioritizes rigorous technical appraisal with respect to location selection to ensure we have the best possible chance for commercial success. We think that the Kavango West 1X prospect represents our best opportunity in the Damara Fold Belt to unlock the potential of this play and we look forward to reporting results expected before year-end 2025.”

Chris Sembritzky, SVP Exploration commented: “By utilizing our learnings from the Naingopo well, Kavango West 1X represents the best opportunity we have identified on seismic in the Damara Fold Belt play due to its size, hydrocarbon migration pathway and well defined four-way closure. With our new subsurface learnings, highly experienced drilling crew and optimized, built for purpose drill bits, we believe that we have captured the best possible chance for drilling an efficient, safe and commercially successful well.”

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ReconAfrica Provides Kavango West 1X Drilling Update

CALGARY, Alberta, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to provide 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 : "Our operations team members in Namibia are doing an excellent job on the drilling the Kavango West well, both efficiently and safely. Drilling remains on schedule, we expect to reach total depth by the end of November. We anticipate entering the Otavi reservoir, the primary target for the Damara Fold Belt Play, in October and plan to penetrate over 1,500 metres of potential reservoir section before reaching TD. We look forward to reporting results of this play opening well to all stakeholders around year-end."

Drilling Update

The Company spud the Kavango West 1X exploration well on July 31, 2025. The well is currently drilling the 8.5-inch section at a depth of approximately 1,910 metres. The next, and final, casing string will be set at approximately 2,400 metres before drilling penetrates the Otavi reservoir zone in October. The drill plan includes drilling approximately 1,500 metres of the Otavi reservoir before reaching total depth of around 3,800-4,250 metres by the end of November 2025. The Company will periodically provide drilling updates by way of news releases prior to expecting to release well results around year end.