ReconAfrica raises C$20mn to accelerate drilling operations in Namibia and Gabon
Reconnaissance Energy Africa secures C$20mn ($15.1mn) to advance production testing at Kavango West 1X in Namibia and exploration work on the Ngulu block in Gabon.
| Countries | Canada, Gabon |
|---|---|
| Sector | Pétrole |
| Theme | Investissements & Transactions |
Reconnaissance Energy Africa Ltd. has announced a C$20mn ($15.1mn) private placement to fund a multi-faceted 2026 drilling programme focused on discoveries in Namibia and Gabon. The offering is led by Research Capital Corporation, with participation from Canaccord Genuity Corp. and Haywood Securities Inc., acting as the underwriting syndicate.
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