Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). ANPG is Angolas national concessionaire and regulator.

Basin 130

Basin Oil Petroleum Gas 130

Oil & Gas 360º

MARCH 6, 2025

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Oil & Gas 360º

MARCH 10, 2025

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. In Namibia, NAMCOR is working with IOCs toward first oil production from the Orange Basin by 2029.

E&P 130

E&P Exploration and Production Oil Field 130

Rextag

APRIL 16, 2025

42.5%), drilled the Far South exploration well in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. The well was drilled in 4,092 feet of water to a total depth of 23,830 feet.

Oil 52

Oil Upstream Exploration Well Barrel 52

Rextag

MAY 8, 2025

production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. shale basins. Strong contributions came from the Permian, Williston, Uinta, and Appalachian basins. YoY Natural gas: 337,706 Mcf/day, up 14% YoY Net wells turned in-line: 27.3

Exploration and Production 40

Exploration and Production Energy Energy Basin 40