Reconnaissance Energy Africa has announced the spudding of the Kavango West 1X exploration well on 31 July 2025.
The well, located in Prospect I within Namibia’s Damara Fold Belt, is planned to reach a total depth of approximately 3,800 metres (12,500 feet) by the end of November 2025.
The target is over 1,500 metres of Otavi carbonate reservoir section, the primary focus of the Damara Fold Belt play.
The prospect is described as a large structural fold extending over 22 kilometres in length and 3 kilometres in width, identified on modern 2D seismic data. ReconAfrica has mapped over 19 prospects and four leads along the Damara Fold Belt trend.
An additional 5 million acres have been secured through a Memorandum of Understanding in neighbouring Angola.
ReconAfrica President and CEO Brian Reinsborough said the Kavango West 1X location was reprioritised following results from the Naingopo well. He stated that technical appraisal influenced the selection of this site as a high-potential target in the Damara Fold Belt.
Chris Sembritzky, Senior Vice President of Exploration, stated that the location was selected based on seismic data, hydrocarbon migration pathways, and structural features, including a four-way closure.
He added that updated subsurface data, experienced crews, and purpose-designed drill bits would support drilling.
Operational Update
The company’s 3D seismic program, initially planned for the second half of 2025, has been deferred to the 2026 operational cycle.
ReconAfrica continues to evaluate investment opportunities, including the acquisition of additional acreage, development assets, producing properties, and joint ventures.
Stock Option Grant
ReconAfrica has granted 6,960,000 incentive stock options to directors, officers, employees, and consultants.
The options are exercisable at $0.60 per share and will expire on 31 July 2030. Vesting provisions apply as per the company’s Stock Option Plan.
Options granted to insiders are subject to resale restrictions until 30 November 2025 under TSX Venture Exchange regulations.
