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

July 8, 2024

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 state oil company of Namibia), announce the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (“PEL 73”), onshore northeast Namibia. Additionally, the Company announces a joint venture update as well as a warrant exercise update.

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