FilingReader Intelligence
ReconAfrica begins drilling Kavango West exploration well
July 31, 2025 at 09:01 PM UTC•By FilingReader AI
ReconAfrica announced the spudding of its Kavango West 1X exploration well on July 31st, targeting a total depth of 3,800 metres by year-end 2025. The well aims to penetrate over 1,500 metres of the Otavi carbonate reservoir.
The company shifted its 3D seismic program to 2026 and granted 6.96m incentive stock options at $0.60 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
JSE:RECNM•Johannesburg Stock Exchange
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