Reconnaissance Energy (Africa) Ltd V.RECO

Namcor- here it is!

[pacer001]

NEWS PROVIDED BY

Reconnaissance Energy Africa Ltd. 

Sep 22, 2022, 08:30 ET

 

---

VANCOUVER, BC, Sept. 22, 2022/CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) wishes to announce that, further to its announcement on February 6, 2022, it has entered into a definitive purchase and sale agreement with its partner, Namcor Exploration and Production (Pty) Ltd. ("NAMCOR") dated September 21, 2022, to acquire half of NAMCOR's 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE Namibia (the "Transaction"). Completion of the Transaction is expected to occur before the end of 2022 and is subject to the Company receiving all necessary regulatory approvals, including, but not limited to, approvals from a number of governmental authorities, including the Namibia Ministry of Mines and Energy, and the acceptance of the TSX Venture Exchange (the TSXV").

All terms of the Transaction are as otherwise previously disclosed.

 

[pacer001]

This is not the only PR release on these deals!

[RawSienna]

You're wrong, from their MD&A from March 2023 filed to Sedar....Page 6 under CORPORATE DEVELOPMENT & FINANCING   If you have something newer post a link. "On September 22, 2022, the Company announced that it had entered into a definitive purchase and sale agreement with its partner, NAMCOR, to acquire half of its 10% carried participating interest in the approximate 6.3