Reconnaissance Energy Africa Ltd. (TSE:RECO) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Reconnaissance Energy Africa Ltd. is advancing its oil and natural gas exploration efforts, with the drilling of the Naingopo well in Namibia’s Damara Fold Belt set to commence in June 2024, targeting substantial prospective resources. The company has completed preparatory work and is moving forward with plans to drill a second well, Prospect P, later in the year, subject to Naingopo’s outcomes. ReconAfrica is also actively participating in the Namibia International Energy Conference and progressing in its joint venture negotiations to enhance shareholder value.
For further insights into TSE:RECO stock, check out TipRanks’ Stock Analysis page.
