Reconnaissance Energy Africa Ltd. announced an operations update with respect to activity relating to Petroleum Exploration Licence 73 ("PEL 73"), onshore northeast Namibia, and an update on the joint venture process. First Damara Fold Belt Well ­ Naingopo Prospect The move of the working camp and the drilling rig from the Wisdom Farm 5-1 location are wrapping up, with everything expected to be operational on the Naingopo well site towards the end of the month. The well remains on schedule to begin drilling this month and is targeting 163 million barrels of unrisked prospective oil resources or 843 billion cubic feet of unrisked prospective natural gas resources, net to ReconAfrica, based on the most recent prospective resources report prepared by Netherland, Sewell & Associates Inc. ("NSAI") dated March 12, 2024, and available on the Company's website (the "NSAI Report").