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Okavango oil & gas drilling, Namibia & Botswana- international -

Project – On record

This profile is no longer actively maintained, with the information now possibly out of date
Profile by:
BankTrack & Saving Okavango’s Unique Life (SOUL)
Contact:

ryan[@]banktrack.org

Last update: 2024-04-11 13:45:13
Elephant in the Botswana Okavango Delta. . Photo: "Botswana Okavango Delta _D7C15552" by Youngrobv, licensed under CC BY-NC 2.0.

Project – On record

This profile is no longer actively maintained, with the information now possibly out of date
Profile by:
BankTrack & Saving Okavango’s Unique Life (SOUL)
Contact:

ryan[@]banktrack.org

Last update: 2024-04-11 13:45:13
Why this profile?

Why this profile?

ReconAfrica has begun drilling for oil and gas in the Kavango Basin, home to what has been described as the largest oil play of the decade. Beyond being incompatible with combating climate change, the project faces growing opposition from local and indigenous communities and international allies as it affects an environmentally sensitive area which is home to Africa’s largest remaining population of savanna elephants and many other threatened species.

What must happen

Banks should avoid financing ReconAfrica or any activities connected with oil and gas drilling in the Okavango Basin, and regulators should investigate the company for potential fraud. Not only has the Ministry for Agriculture, Water and Land Reform confirmed that the company is operating without permits for water abstraction and disposal of waste water but National Geographic revealed that a whistleblower complaint was filed with the US Security and Exchange Commission. Furthermore, infamous short-selling research firm Viceroy has suggested that the company is “drilling blind” and has not found any recoverable oil at all, and German financial regulator BaFin says it has opened an investigation into the company.

 

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Sectors Oil and Gas Extraction
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Status
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Design
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Operation
Closure
Decommission
Website https://reconafrica.com/

Reconnaissance Energy Africa, a Canadian oil and gas company, has begun drilling for oil and gas in the Kavango Basin in north-eastern Namibia and north-western Botswana. In Namibia, the company holds a 90% share in an exploration license covering an area of over 25,000 square kilometres (6.3 million acres). The remaining 10% share is owned by the Namibian government through the state oil company, NAMCOR. In northwest Botswana, ReconAfrica holds a 100% share in a license covering an area of around 9,000 square kilometres (2.2 million acres). According to experts the company’s estimate of 120 billion barrels of oil in place is highly questionable. The Namibian Petroleum Agreement provides ReconAfrica with the exclusive right to obtain at least a 25-year production license, with a possible 10-year renewal. The Botswana agreement gives ReconAfrica the right to enter into a 25-year production license with a 20-year renewal period.

In July 2023 Recon announced that it had temporarily paused drilling in Namibia.

Impacts

Impact on human rights and communities

Inadequate consultation with local communities: The company’s licensed region is home to some 200,000 people, making a living from farming, fishing and tourism. The license area is home to the First Nations San and Kavango peoples. Many are worried that extensive oil drilling could drive away wildlife and visitors (Yale Environment).

Many communities and organisations have reported that they were inadequately consulted or were left unaware of the oil project. Max Muyemburuko, chairperson of the Kavango East Regional Conservancy Association, confirmed to Mongabay that they have not been contacted by ReconAfrica or the Namibian government about plans for oil and gas production in the region. When trying to officially clarify aspects Max Muyemburuko was verbally abused and accused of working for foreign stakeholders.

ReconAfrica is facing a series of complaints as it initiated exploration on private land without a permit and does not respect the company’s seismic survey permit. For instance, ReconAfrica drilled its second test well on the farm of the Sinonge family in Mbambi village, who did not agree to the use of its land. To obtain its rehabilitation, Andreas Sinonge lodged a complaint before the High Court of Namibia. Six other families are part of a complaint from the  Legal Assistance Centre, a Namibian human rights organization,  because ReconAfrica representatives  “entered their properties without permission, concluded seismic survey activities, and compelled them to sign papers without explaining their contents before leaving”.

Impacts on Indigenous people: Free, Prior and Informed Consent (FPIC) from the indigenous inhabitants has not been obtained. KhoiSan leaders in South Africa handed over a petition to the Namibian Embassy in Pretoria, emphasising that the San peoples of Namibia's Free, Prior and Informed Consent (FPIC) had not been obtained for issuance of the exploration licence and commencement of drilling. The KhoiSan therefore stand in solidarity with the Namibian San in rejecting the project.

Risks to water: Namibia is the driest country in sub-Saharan Africa, and water is scarce in the region. Within this area, the Okavango delta and Kavango basin are desert oases. Drilling for oil will require large quantities of water, and there are grave concerns about both use of water and pollution from oil drilling activities, including fracking.

Surina Esterhuyse, a geohydrologist at the University of the Free State, South Africa, commented: “There is a serious lack of knowledge on groundwater resources in the target oil and gas extraction area. The possible impact on the water resources in Namibia and Botswana is the biggest concern.” (Mongabay.)

ReconAfrica’s record to date does not inspire confidence. According to a media release from Saving Okavango’s Unique Life (SOUL) issued in February, one of the company’s first containment ponds for drilling waste had not been lined at all, meaning pollution waste draining into the ground.


Impact on climate

Climate impacts: ReconAfrica has promoted the idea that the basin – touted as the “largest oil play of the decade” - has the potential to produce as much as 120 billion barrels of oil equivalent. New oil and gas extraction projects such as this one are clearly incompatible with the goal of avoiding catastrophic climate change, and the International Energy Agency’s Net Zero pathway confirms that meeting the world’s target of avoiding warming over 1.5 degrees Celsius means no new oil and gas projects. Based on ReconAfrica’s projections, Fridays for Future Windhoek calculated that the project could generate up to 51.6 gigatonnes of CO2, the equivalent of one sixth of the world’s remaining carbon budget. The project therefore constitutes a ‘carbon bomb’. 


Impact on nature and environment

Impacts on wildlife and biodiversity: The Kavango basin is one of Africa's most biodiverse habitats, home to a myriad of birds and megafauna species, including Africa’s largest remaining population of savanna elephants, African wild dogs, lions, leopards and giraffes (See Yale/Greenpeace). Extensive oil development in this region, with its attendant network of roads, rigs and pipelines, would pose a clear threat to this wildlife.

Protected areas: Full scale development during the envisage production period of 25 years will very likely have a direct negative impact on the flora and fauna of the Okavango Delta, a protected World Heritage Site. In August 2021, UNESCO's World Heritage Committee expressed concern and urged Botswana and Namibia to "ensure that potential further steps to develop the oil project ... are subject to rigorous and critical prior review". In January 2022 a group of NGOs found that Recon was clearing virgin forest in protected areas to construct a road, until stopped by the area's conservancy manager. 

In addition, much of ReconAfrica's license is within the Kavango–Zambezi Transfrontier Conservation Area (or KAZA TFCA), a conservation initiative covering 520,000 square kilometres (201,000 square miles) of Angola, Botswana, Namibia, Zambia and Zimbabwe (Mongabay), as well as overlapping with six locally managed wildlife reserves (National Geographic).

Concerns around fracking: ReconAfrica has constantly and repeatedly highlighted that their main target are possible shale resources in the Kavango basin. Any so-called conventional resources (those exploitable by drilling) will be merely a by-catch. This is also clearly outlined by the presentation given by the founder of ReconAfrica, Craig Steinke, in May 2020, and by the fact that the company has hired – amongst other shale experts – the “father of modern-day fracking”, Nick Steinsberger.

ReconAfrica also confirms the need for fracking operations in its July 2020 report where the company compares the Kavango Basin with the Karoo Basin in South Africa. ReconAfrica also expresses the opinion that they are confident of obtaining access to scares water over the envisaged production period of at least 25 years – although they are clearly operating in a very arid area. Despite this, the company and the Namibian government have since said no fracking will take place. 

There are numerous proven risks and impacts related to the development of fracking projects, such as industrialization of former rural areas, heavy freshwater consumption, water and soil contamination, public health impacts and a significant contribution to global warming. Even without fracking, however, it is clear that a step-by-step industrialisation of an almost untouched landscape will be the consequence of oil and gas exploitation in the licensed areas. This process will require a huge amount of fresh water in a vast water-deficient region.

Inadequate Environmental Impact Assessments: The Environmental Impact Assessment (EIA) submitted by ReconAfrica has several problems, some of which are being highlighted in the briefing by the Save the Okavango Delta group. Various experts have also raised questions about the accuracy of the flora and fauna report. So far, the Namibian Ministry for the Environment has approved the EIA for two test wells and 2D seismic surveys.


Other impacts

Claims of misleading investors: In May 2021 ReconAfrica was subject of a whistleblower complaint filed with the U.S. Securities and Exchange Commission (SEC), reported by National Geographic. The complaint alleges the company fraudulently misled investors by misrepresenting its work on the project, in order to drive up its stock price. The complaint cites more than 150 instances of misleading statements by ReconAfrica, and claims the company is violating US securities laws by promoting revenue projections to investors based on activities such as fracking for which it has not secured permission or permits. In September 2021, civil society groups submitted a request to the Canadian TSX Venture Exchange to investigate potential misrepresentations in the disclosures and public communications of ReconAfrica. 

Corruption: ReconAfrica has been pointed out for offering jobs to buy silence. Max Muyemburuko is both Chairperson of Kavango East and West Regional Conservancy and Community Forest Association and chairman of Muduva Nyangana Conservancy, operating within ReconAfrica’s license areas. In September 2021, he declared that he was offered a job to monitor wildlife on behalf of ReconAfrica. He interpreted this offer as bribery and an attempt to be silenced due to large criticism ReconAfrica is facing, because of the company's degradation of the environment and the illegality of its activities.

Financiers

Currently ReconAfrica is funding its activities from its share capital, which has been raised through securities offerings and non-brokered private placements. 

Most known shareholders of ReconAfrica are individual investors who are involved in the management of the company. Two institutional shareholders have been identified:

  • Invenomic Capital Management holds 0.08% of the shares and invested USD 0.05 million,

  • FNB Bancorp holds 0.04% of the shares and invested USD 0.03 million.

Institution type
Finance type
Year
Companies

Project sponsor

Reconnaissance Energy Africa Ltd. ("ReconAfrica")

Canada
Website
British Columbia, the surviving entity of the 116 / Lund Merger. Publicly traded as RECAF on the OTC and RECO in Canada.
No companies

Other companies

116361 BC Limited

United Kingdom
Used as a holding company for the Recon assets for the Lund Merger.

Reconnaissance Energy (U.S.) Corp

United States
Private company wholly-owned by Craig Steinke, used to acquire a 50% farm-out option for the Botswana License for $100,000. Then re-sold the same Farm-Out option to Renaissance Oil Corp for nearly 30 times that price a week later.

Reconnaissance Energy Botswana Proprietary Limited

Botswana
Website
Holding company for Botswana License.

Reconnaissance Energy Corporation (renamed to 0408861 BC Limited)

Canada
British Columbia (Formed around 1994). Craig Steinke’s entity used as the parent company of the Reconnaissance operations when he first got involved in Namibia.

Reconnaissance Energy Namibia (Proprietary) Limited

Namibia
Website
Namibia (Formed October 9, 2014). Holding company for Namibia License.

Reconnaissance International Energy Corp

Virgin Islands, British
Parent Company of Reconnaissance Oil and Gas Corp (BVI).

Reconnaissance Oil and Gas Corp 

Virgin Islands, British
Parent Company of Reconnaissance Energy Namibia (Proprietary) Limited).

Renaissance Oil Corp 

Canada
Website
Created by Craig Steinke and Ian Telfer after they sold Realm Resources. Went public in 2014 through a reverse merger with San Antonio Ventures. Shares many of the same shareholders players as Reconnaissance Africa. Acquired the 50% farm-out option in the Botswana Property from Steinke in June 2020 after their Mexican operations started to fail due to policy changes in the country. Signed an agreement to be acquired by Reconnaissance Africa in April 2021. Publicly traded as RNSFF on the OTC and ROE in Canada.
No companies
Governance
Norms & standards

Applicable norms and standards

1992 United Nations Framework Convention on Climate Change
Convention on Wetlands of International Importance
IFC Performance Standard 5: Land Acquisition and Involuntary Resettlement
IFC Performance Standard 7: Indigenous Peoples
IFC Performance Standard 8: Cultural Heritage
International Labour Organization Convention 169
OECD Guidelines for Multinational Enterprises
Principles for Responsible Banking (PRB)
The Paris Agreement
UN Guiding Principles on Business and Human Rights
UNESCO World Heritage Convention
United Nations Declaration on the Rights of Indigenous Peoples
Universal Declaration of Human Rights
Maps

The Okavango Delta exploration and production blocks, together with rivers and prected areas (from the World Database on Protected Areas (WDPA)).

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Lawyers allege Calgary-based oil and gas company committed human rights abuses in Namibia

ReconAfrica's company’s drilling activity has sparked controversy because it flows into an environmentally sensitive area in Namibia
2024-04-09 | Calgary Herald
BankTrack news BankTrack blog Partner news Partner blog

Can UNESCO safeguard this lush African watershed from oil drilling?

A potentially high risk of contamination has spurred UNESCO members to recommend setting aside even more of the Okavango Delta, the world’s largest wetlands, for conservation.
2023-10-02 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

Canada’s ReconAfrica Violated Namibia’s Laws

A parliamentary investigation in Namibia found that Canadian oil exploration company ReconAfrica violated several of the country’s laws and that its local partner deceived and misled the public about the value of its shareholdings on various international stock exchanges.
2023-09-30 | VOA News
BankTrack news BankTrack blog Partner news Partner blog

Recon Africa gets the green light for more drilling

The Ministry of Environment, Forestry and Tourism recently issued an Environmental Clearance Certificate (ECC) to Recon Africa to drill more exploration and appraisal wells in the Kavango Basin to search for oil and gas resources.
2023-07-17 | Windhoek Observer
BankTrack news BankTrack blog Partner news Partner blog

As Canadian oil company pauses oil exploration in Okavango Basin, BirdLife International calls for oil drilling moratorium

2023-07-07 | BirdLife International
BankTrack news BankTrack blog Partner news Partner blog

Environmental NGOs Warn Oil Giants: Hands Off Okavango Delta and Kavango Basin Drilling

2023-05-30 | Oil Change International
BankTrack news BankTrack blog Partner news Partner blog

An Uncertain Future for the Okavango

Increasingly damaging developments across Africa are threatening the continent’s rich biodiversity.
2023-05-04 | BirdLife International
BankTrack news BankTrack blog Partner news Partner blog

Target Price Cut by over 40% Triggers Investors' Second Investigation of Reconnaissance Energy Africa, Ltd.

2023-05-04 | MarketScreener
BankTrack news BankTrack blog Partner news Partner blog

Kavango oil drilling leaves trail of pain and false promises

2023-04-12 | The Namibian
BankTrack news BankTrack blog Partner news Partner blog

They ripped through a protected wilderness to find oil. Instead, they found trouble

2023-03-31 | msn
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica ripped through a protected wilderness to find oil. Instead, they found trouble

2023-03-28 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

The neocolonial oil racket

2023-03-26 | Rolling Stone
BankTrack news BankTrack blog Partner news Partner blog

Will an Oil Racket Destroy One of Africa’s Most Sacred Places?

2023-03-26 | RollingStone
BankTrack news BankTrack blog Partner news Partner blog

Namibia: ReconAfrica needs partner before cash dries up

2022-12-09 | Upstream online
BankTrack news BankTrack blog Partner news Partner blog

COP27: The Namibia-Botswana oil project being called a sin

2022-11-10 | BBC News
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica reaches total depth at first well

The company gave no sign of what the well may have found, but will carry out logging and coring.
2022-08-31 | Energy Voice
BankTrack news BankTrack blog Partner news Partner blog

Bid to stop ReconAfrica spills into court

2022-07-11 | The Namibian
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica kicks off hotly watched drill campaign

Reconnaissance Energy Africa has launched its second phase of drilling, with the highly anticipated 8-2 well begun on the weekend targeting a potential 799 million barrels
2022-06-28 | Energy Voice
BankTrack news BankTrack blog Partner news Partner blog

Canadian oil company illegally bulldozes protected land in Africa

Farms, water, and endangered wildlife are threatened as ReconAfrica expands its operations despite violations.
2022-02-23 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica accused of activities in virgin forest

2022-02-06 | Namibian
BankTrack news BankTrack blog Partner news Partner blog

Oil company accused of drilling in African wildlife reserve, offering jobs for silence

Canada-based ReconAfrica appears to have flouted Namibian law, legal experts say.
2021-12-13 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica's water drilling illegal – Schlettwein

The minister of agriculture, water and land reform, Calle Schlettwein, has summoned Canadian oil company ReconAfrica to explain why it it drilled for water for its industrial operations in the Kavango regions without a permit.
2021-12-13 | The Namibian
BankTrack news BankTrack blog Partner news Partner blog

Oil company accused of drilling in African wildlife reserve, offering jobs for silence

Canada-based ReconAfrica appears to have flouted Namibian law, legal experts say.
2021-12-13
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica operated without land certificate

2021-11-24 | The Namibian
BankTrack news BankTrack blog Partner news Partner blog

Namibia to licence production near Okavango Delta if Canadian firm finds oil

2021-11-10 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica’s Okavango venture and the push for mandatory human rights due diligence in Canada

2021-11-03 | Above Ground
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica completes seismic shoot

2021-10-22 | Energy Voice
BankTrack news BankTrack blog Partner news Partner blog

Protect the Okavango River Basin from corporate drilling

2021-10-14 | The Washington Post, Prince Harry and Reinhold Mangundu
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica accused of destroying Kavango East houses

A NON-PROFIT organisation says Canadian company ReconAfrica's oil drilling has damaged houses in areas near the company's operations.
2021-10-07 | The Namibian
BankTrack news BankTrack blog Partner news Partner blog

“Investigate ReconAfrica”: Civil society groups ask TSX Venture Exchange to set record straight on oil and gas drilling in the Okavango region

2021-09-16 | Center for International Environmental Law (CIEL)
BankTrack news BankTrack blog Partner news Partner blog

IUCN votes against ReconAfrica exploration

The International Union for Conservation of Nature (IUCN) has called on Botswana and Namibia to increase scrutiny of oil and gas plans in the Okavango Delta.
2021-09-10 | Energy Voice
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica completes acquisition of Renaissance

2021-07-27 | Reconnaissance Energy Africa Ltd.
BankTrack news BankTrack blog Partner news Partner blog

Calls to halt construction of massive oilfield in one of Africa’s last wildernesses

2021-07-08 | Inter Press Service
BankTrack news BankTrack blog Partner news Partner blog

New oilfield in African wilderness threatens lives of 130,000 elephants

Exploratory project in Botswana and Namibia is threat to ecosystems, local communities and wildlife, conservationists say
2021-06-22 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

185 organizations call on Canadian officials to hold ReconAfrica accountable for massive oil and gas plans

2021-06-04 | Oil Change International
BankTrack news BankTrack blog Partner news Partner blog

Canadian firm ReconAfrica’s quest for Namibian oil and gas poses seismic risk to elephant behaviour

2021-06-03 | Daily Maverick
BankTrack news BankTrack blog Partner news Partner blog

Oil exploration company in Okavango wilderness misled investors, complaint to SEC says

2021-05-21 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

ReconAfrica to spud second well

2021-05-11 | New Era
BankTrack news BankTrack blog Partner news Partner blog

Oil company exploring in sensitive elephant habitat accused of ignoring community concerns

Namibians allege ReconAfrica disposed of wastewater unsafely, without permits, and ignored concerns about potential impact of oil drilling on water and wildlife.
2021-05-11 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

A Big Oil Project in Africa Threatens Fragile Okavango Region

2021-04-22 | Yale Environment
BankTrack news BankTrack blog Partner news Partner blog

Fridays for Future: ReconAfrica’s Kavango oil and gas play is ‘carbon bomb’ with projected 1/6 of world’s remaining CO2 budget

2021-03-31 | Fridays For Future Windhoek
BankTrack news BankTrack blog Partner news Partner blog

Test drilling for oil in Namibia’s Okavango region poses toxic risk

The petroleum exploration company ReconAfrica doesn’t appear to have taken what experts say is a key step to prevent contamination of groundwater.
2021-03-12 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

Anglican Bishops call for a halt to Drilling in the Kavango, Namibia

2021-03-08 | Green Anglicans
BankTrack news BankTrack blog Partner news Partner blog

Alarm as exploratory drilling for oil begins in northern Namibia

2020-12-28 | Mongabay
BankTrack news BankTrack blog Partner news Partner blog

Oil drilling, possible fracking planned for Okavango region—elephants’ last stronghold

2020-10-28 | National Geographic
Resources
Documents
Videos
Links
2022-03-03 00:00:00

Locked out of a Just Transition: fossil fuel financing in Africa

BankTrack publication
2022-03-03 00:00:00 | BankTrack, Milieudefensie & partners
2021-06-30 00:00:00

Investor presentation - Okavango Basin - June 2021

Company document
2021-06-30 00:00:00 | ReconAfrica
2021-05-14 00:00:00

Corporate social responsibility policy

Bank policy
2021-05-14 00:00:00 | ReconAfrica
2021-05-13 00:00:00

Commitment to environmental protection policy

Bank policy
2021-05-13 00:00:00 | ReconArfrica
2021-08-03 00:00:00

Annual report 2020

Annual report
2021-08-03 00:00:00 | ReconAfrica
2020-11-30 00:00:00

Recon Okavango Factsheet

ReconAfrica comes for the treasure of the Okavango
NGO document
2020-11-30 00:00:00 | Save the Okavango Delta
2019-10-01 00:00:00

Investor Presentation September 2019

Company document
2019-10-01 00:00:00 | ReconAfrica

Kavango oil drilling leaves trail of pain and false promises

2021-12-15 13:48:36

Namibian villagers fight against oil giant

2021-12-15 13:47:46

Namibia: Drilling for oil in paradise

2021-12-15 13:44:53

Video links

https://www.dw.com/en/namibia-drilling-for-oil-in-paradise/av-60006276

Save the Okavango

Frack Free Namibia and Botswana

ReconAfrica's operations in the Kavango Basin

ReconAfrica - Operations updates

Updates

2023

2023-07-08 00:00:00 | Recon pauses drilling in Namibia

ReconAfrica, the Canadian oil and gas company which has been exploring for oil in Namibia’s Kavango regions since 2021, has paused all operations in the country, reports National Geographic. 

"Janine Treader, of ReconAfrica, shared a June 8 statement on behalf of the company’s media relations team answering National Geographic’s questions. It said that the company has paused drilling in Namibia while new aerial and seismic surveys are being examined. It also said that ReconAfrica remains committed to the search for oil at “the invitation of the governments of Namibia and Botswana and looks forward to the future of our exploration.” The statement continued, “We plan to be drilling again later this year when additional local and foreign workers will once again be required."

 

2022

2022-02-23 00:00:00 | Canadian oil company illegally bulldozes protected land in Africa

ReconAfrica is facing a series of complaints as it initiated exploration on private land without a permit and does not respect the company’s seismic survey permit.

2021

2021-12-13 00:00:00 | Oil company accused of drilling in African wildlife reserve, offering jobs for silence

In September 2021, he declared that he was offered a job to monitor wildlife on behalf of ReconAfrica. He interpreted this offer as bribery and an attempt to be silenced due to large criticism ReconAfrica is facing, because of the company's degradation of the environment and the illegality of its activities.

2021-11-10 00:00:00 | Namibia to licence production near Okavango Delta if Canadian firm finds oil

Namibia intends to award a 25-year production licence to Canada’s ReconAfrica if it finds oil near the Okavango Delta, Energy Minister Tom Alweendo said, despite concerns it could affect the region’s rich biodiversity.

2021-07-14 00:00:00 | Drilling operations on second well completed

ReconAfrica and NAMCOR (the state oil company of Namibia) announced July 14, 2021 the completion of drilling operations of the second stratigraphic test well (6-1).

2021-07-02 00:00:00 | ReconAfrica & NAMCOR granted 2D Seismic Permit

On July 2, 2021 Namibia’s Ministry of Environment, Forestry and Tourism issued the Environmental Clearance Certificate (ECC) for the initial low-impact 2D seismic program to be conducted in Petroleum Exploration License No. 73 in the Kavango East and Kavango West regions of Namibia. With the ECC seismic permit now in place, ReconAfrica and NAMCOR (the National Oil Company of Namibia) have begun acquisition of the initial 450 km 2D seismic program in the Kavango Sedimentary Basin.

2021-06-04 00:00:00 | Working Petroleum System Discovered

ReconAfrica announced the drilling of the first well was completed in March 2021 and that preliminary results were showing the discovery of a working petroleum system in the Kavango Basin. 

According to the company, its second well provides more evidence of a working petroleum system

2020

2020-12-31 00:00:00 | Test drilling programme now in progress

In December 2020, Reconnaissance Energy Africa (ReconAfrica) started drilling on the first of three wells in north-eastern Namibia. 

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