Reconnaissance Energy Africa Ltd. 提供了 Kavango West 1X 勘探前景的运营更新，并宣布 Iman Hill 辞去公司董事职务，自 2025 年 7 月 31 日起生效。Kavango

West 1X（勘探区 I）——计划于 7 月底前

开钻钻机已安全移至现场，公司已从各监管机构获得开钻所需的所有必要许可。钻机的最终组装和安全检查正在进行中，Kavango West 1X 勘探井计划于 7 月底前开钻。该井计划达到约 3,800 米（12,500 英尺）的总深度（TD），预计将穿透超过 1,500 米的 Otavi 碳酸盐岩储层段，这是 Damara Fold Belt 储层的主要目标。Kavango

West 1X 勘探井将是广阔的 Damara Fold Belt 储层的第二次试验。该勘探区是一个大型构造褶皱，根据现代二维地震数据识别，其长度超过22公里，宽度超过3公里。公司已在达玛拉褶皱带趋势中识别出超过19个勘探区和勘探线索，并在最近签署的谅解备忘录中获得了500万英亩的额外勘探权，以抵消安哥拉的勘探权。ReconAfrica

总裁兼首席执行官Brian Reinsborough表示：“公司全体员工都为Kavango West 1X勘探区的钻探做好了准备，我们非常高兴能够在未来几天开钻该井。我们认识到，该勘探区为我们的股东、我们运营所在地的当地社区以及纳米比亚更广泛的能源行业开辟钻井平台的重要性。”我们致力于与当地社区和当局保持合作，确保该油井安全高效运行。”

董事会最新消息：

Iman Hill 于 2023 年 8 月被任命为 ReconAfrica 董事，由于海外工作需要，他已辞去董事会职务，该职务将于 2025 年 7 月 31 日起生效。Iman 辞职后，董事会将由五名成员组成，其中三名为独立董事。目前，董事会计划保留五个席位。ReconAfrica

董事会主席 Diana McQueen 表示：“我们感谢 Iman 在过去两年中所做的工作和指导，并祝她未来一切顺利。”

关于Kavango West 1X井，ReconAfrica谨感谢纳米比亚所有社区和监管利益相关者与公司的合作，使该井达到目前的钻探准备阶段。ReconAfrica将继续与利益相关者保持沟通，并致力于确保所有员工、周边社区以及野生动物和环境的安全运营。

Reconnaissance Energy Africa Ltd. provides an operational update on the Kavango West 1X exploration prospect and announces the resignation of Iman Hill as a Corporate Director of the Company effective July 31, 2025.

Kavango West 1X (Prospect I) – Spud scheduled before end of July

The drilling rig has been safely moved on-site and all necessary permits required to spud the well have been received by the Company from the various regulators. Final drill-rig assembly and safety checks are underway and the Kavango West 1X exploration well is scheduled to spud before the end of July. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) and is expected to penetrate over 1,500 metres of Otavi carbonate reservoir section, which is the primary target of the Damara Fold Belt play.

The Kavango West 1X exploration well will be the second test in the expansive Damara Fold Belt play. The prospect is a large structural fold identified on modern 2D seismic data, which extends over 22 kilometers long by three kilometers wide. The Company has identified over 19 prospects and leads mapped in the Damara Fold Belt trend, with an additional 5.0 million acres captured in a recently executed Memorandum of Understanding in offsetting Angola.

Brian Reinsborough, President and CEO of ReconAfrica stated: “Everyone at the Company has worked diligently to get drill-ready on the Kavango West 1X prospect and we are excited to spud the well in the coming days. We recognize the importance of this play opening well holds for our shareholders, the local communities in which we operate and the broader energy industry in Namibia. We are committed to remaining engaged with local communities and authorities and to ensuring the safe and efficient operation of this well.”

Board of Directors Update

Iman Hill, who was appointed a Director of ReconAfrica in August 2023, has resigned from the Board of Directors effective July 31, 2025, due to foreign work obligations. Following Iman’s resignation, the Board of Directors will consist of five members, three of whom are independent directors. Currently, the Board of Directors intends to remain at five seats.

Diana McQueen, Board Chair of ReconAfrica commented: “We thank Iman for her work and guidance over the past two years and wish her well in her future endeavors.

With respect to the Kavango West 1X well, ReconAfrica wishes to thank all community and regulatory stakeholders in Namibia for working with the Company to bring the well to the current drill-ready stage. ReconAfrica remains engaged with its stakeholders and is focused on operations that are safe for all employees and neighbouring communities, as well as wildlife and the environment.”