ReconAfrica Announces Initiation of Horizontal Drilling at KW1X - Flow Test Results Expected Prior To Year-End
Flow testing is intended to establish sustained flow rates, reservoir pressure response, and liquid yield and composition.
Sentiment and the balance of points
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Rhea-AI Summary
ReconAfrica (RECAF) has resumed horizontal drilling at Kavango West 1X after receiving all required permits for drilling and flow testing.
The approvals include an Environmental Clearance Certificate and a horizontal drilling permit amendment. Sidetrack drilling has commenced and is scheduled to take approximately one month, targeting a horizontal wellbore of up to 1,000 metres in the upper Huttenberg formation. Flow testing will follow well completion to assess sustained flow rates, reservoir pressure response, and liquid yield and composition. Testing could take up to one month, with results expected before year-end. Partners include BW Energy with a 20% working interest and Namibia’s National Petroleum Corporation with a 10% carried working interest.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointAll required permit approvals received for KW1X horizontal drilling and flow testing.
- Moderate point. Forward-looking: it has not happened yet and may not happen.KW1X sidetrack drilling has commenced, targeting a horizontal wellbore of up to 1,000 metres.
- Minor point. Forward-looking: it has not happened yet and may not happen.Flow test results expected before year-end, following drilling scheduled for approximately one month and testing up to one month.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CALGARY, Alberta, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC), along with its partners BW Energy (
KW1X Horizontal Drilling Has Commenced
The Partnership has received all required permit approvals to resume horizontal drilling and flow testing activities at KW1X. New permit approvals include the Environmental Clearance Certificate and the horizontal drilling permit amendment. Following the receipt of these final regulatory approvals, the whipstock has been set and sidetrack drilling at KW1X has commenced.
Production casing was removed to a vertical depth of 2,289 metres where the open-hole whipstock has been set in place. Drilling of the sidetrack has commenced and is scheduled to take approximately one month. The sidetrack well design targets a horizontal wellbore of up to 1,000 metres in the upper zone of the Huttenberg formation to optimally intersect the natural fractures across the Kavango structure. The horizontal well bore could potentially transect thousands of vertical, or near vertical, natural fractures. The well will be completed “open hole”, without casing or cement, to maximize the flow rate from the natural fracture system.
Flow testing will occur immediately following the well completion and will be tested after the wellbore has been swabbed to remove all drilling muds and cuttings but prior to an acid wash. Flow testing is intended to establish sustained flow rates, reservoir pressure response and the liquid yield and composition in the production flow stream. Additional fluid and gas samples will be collected for laboratory analysis. Testing could take up to one month with flow test results expected to be disclosed prior to year-end.
About ReconAfrica
ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana, where the Company holds petroleum licences and access to ~13 million contiguous acres. The Company also operates the Ngulu block in the shallow waters offshore central Gabon covering 1,214 Km2 (equivalent to 54 Gulf of Mexico blocks) which is strategically located near producing oil fields and infrastructure. The Ngulu block includes the Loba oil field discovery and a large inventory of high impact prospects in the pre-salt and post-salt plays. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat in line with international standards and implementing environmental and social best practices in its project areas.
For further information contact:
Brian Reinsborough, President & Chief Executive Officer
Mark Friesen, Vice President, Investor Relations & Capital Markets
IR Inquiries Email: investors@reconafrica.com
Media Inquiries Email: media@reconafrica.com
Tel: +1-877-631-1160
Cautionary Note Regarding Forward-Looking Statements:
Certain statements contained in this press release constitute forward-looking information under applicable Canadian, United States and other applicable securities laws, rules and regulations, including, without limitation, statements with respect to progress of the KW1X well test, well results including any shows and/or indications of hydrocarbons, timing of well tests, duration and completion of the horizontal well test, the ability to source adequately materials needed for the well test in a timely manner, results from production testing, net pay and net reservoir calculations, extent of natural fractures, success case scenarios, side track operations, if any, well capability, composition of hydrocarbons, timing and results of compositional analysis, the extent of horizontal lateral drilling, timing of permits, further appraisal activities, efficiency and economics and the Company’s commitment to minimal disturbance of habitat, in line with best international standards and its implementation of environmental and social best practices in its project areas. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica's current belief or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as the Company's actual results and future events could differ materially from those anticipated in these forward-looking statements as a result of the factors discussed in the "Risk Factors" section in the Company's annual information form (“AIF”) dated April 14, 2026, for the financial period ended December 31, 2025, available under the Company's profile at www.sedarplus.ca. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When does ReconAfrica expect KW1X flow test results?
ReconAfrica expects KW1X flow test results before year-end. Sidetrack drilling is scheduled to take approximately one month. Testing will occur immediately after well completion and could take up to one month.
How will ReconAfrica conduct the KW1X flow test?
KW1X will be completed open hole, without casing or cement, and tested after drilling muds and cuttings have been removed from the wellbore but before an acid wash. Additional fluid and gas samples will be collected for laboratory analysis.