Company Reconnaissance Energy Africa Ltd.

Equities

RECO

CA75624R1082

Oil & Gas Exploration and Production

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Other Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 01:29:54 02/05/2024 am IST			5-day change	1st Jan Change
0.91 ^CAD	-2.15%		+1.11%	-13.33%

18/04	Reconnaissance Energy Africa Provides Operations Update and a Joint Venture Update	MT
03/04	ReconAfrica Closes $17.25 Million Bought Deal Public Offering	MT

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

Managers	Title	Age	Since
Brian Reinsborough CEO	Chief Executive Officer	62	01/23/01
Carlos Escribano DFI	Director of Finance/CFO	45	15/20/15
Deniz Kuban CMP	Compliance Officer	-	07/22/07
Grayson Andersen IRC	Investor Relations Contact	-	-
Christopher Sembritzky PRN	Corporate Officer/Principal	-	07/12
Adam Rubin LAW	General Counsel	-	07/23/07
Ansgar Wanke PRN	Corporate Officer/Principal	-	-
Michelle Borthwick SEC	Corporate Secretary	-	02/22/02
Nicholas Steinsberger PRN	Corporate Officer/Principal	60	25/20/25

Members of the board	Title	Age	Since
Craig Steinke FOU	Founder	67	22/78/22
Iman Hill BRD	Director/Board Member	61	29/23/29
Mark Gerlitz BRD	Director/Board Member	49	17/21/17
Joseph Davis BRD	Director/Board Member	74	19/22/19

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	230,082,915	228,524,965 ( 99.32 %)	0	99.32 %

Name	Equities	%	Valuation
Craig Allan Steinke 2.356 %	4,966,947	2.356 %	4 M $
Brian Reinsborough 0.4235 %	892,857	0.4235 %	651 786 $
Nicholas Steinsberger 0.4113 %	867,150	0.4113 %	633 020 $
Mark Gerlitz 0.2553 %	538,199	0.2553 %	392 885 $
Gordon Keep 0.1461 %	308,022	0.1461 %	224 856 $
Ian Telfer 0.0777 %	163,804	0.0777 %	119 577 $
Dilek Deniz Kuban 0.0739 %	155,721	0.0739 %	113 676 $
Christopher Sembritzky 0.0717 %	151,100	0.0717 %	110 303 $
Adam Rubin 0.0636 %	134,000	0.0636 %	97 820 $
Joseph Davis 0.0617 %	130,000	0.0617 %	94 900 $

Reconnaissance Energy Africa Ltd.

140 4th Avenue South West Suite 450

T2P 3N3, Calgary

http://www.reconafrica.com

address Reconnaissance Energy Africa Ltd.(RECO)

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.6613 USD

Average target price

1.575 USD

Spread / Average Target

+138.16%

Consensus

Energy - Fossil Fuels

Oil & Gas Exploration and Production

Other Oil & Gas Exploration and Production

	1st Jan change	Capi.
RECONNAISSANCE ENERGY AFRICA LTD.	-13.33%	156M
CHEVRON CORPORATION	+7.02%	297B
CONOCOPHILLIPS	+7.13%	147B
CNOOC LIMITED	+56.15%	128B
CANADIAN NATURAL RESOURCES LIMITED	+18.67%	81.38B
EOG RESOURCES, INC.	+7.44%	76B
PIONEER NATURAL RESOURCES COMPANY	+19.02%	62.92B
OCCIDENTAL PETROLEUM CORPORATION	+7.94%	58.63B
HESS CORPORATION	+8.75%	48.36B
DIAMONDBACK ENERGY, INC.	+26.39%	35.87B

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