Reconnaissance Energy Africa Ltd (RECAF)

$0.62 +0.02 (3.35%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 667,400
Avg Vol 1,723,500
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 79%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconnaissance Energy Africa Ltd. is headquartered in Calgary, Canada.

Industry: Oil & Gas E&P
Sector: Energy
Address:
635 – 8 th Avenue SW, Calgary, Canada
TheHornedBull
TheHornedBull Apr. 12 at 8:47 PM
$RECAF regarding the RA 3/26/2026 NR I think every word of the 3/26 NR is technically true — but every line is written so broadly that it can apply to many different situations, or none at all. Even the title says “commenced testing operations,” but it never says what testing actually began. There are dozens of possible tests on a site that statement could apply too? My point is this: the NR paints a picture of a busy site with testing underway as of 3/26. But 16 days and recent satellite images show no evidence of any Flow/production testing activity — not even obvious prep work and equipment required for the testing. That’s the contradiction I’m pointing at. My Conclusion is simple. The NR was timely, but likely designed to buy time, for other Processes taking place, that require even more time. I believe the well may soon be completed, but the Flow test will most likely come later.
1 · Reply
Killarneyboy
Killarneyboy Apr. 12 at 7:58 PM
$RECAF https://vt.tiktok.com/ZSHq2kKSA/
3 · Reply
yft212
yft212 Apr. 12 at 7:41 PM
$RECAF With the Iran war developments I'm wondering if other nations are looking to step in and help speed up oil production in Namibia. They seem to still be focused on the offshore production which is slated for 2029-30.
1 · Reply
MortREA
MortREA Apr. 12 at 6:03 PM
$RECAF Namibia to host energy conference as oil plans advance – New Era https://share.google/uuHSVeFk0yEAdV45x Pre-registration tomorrow. Wonder if Brian will be mentioning his discovery to anyone? Go BR, Go Recon 2!!
1 · Reply
TheBigMM
TheBigMM Apr. 12 at 5:30 PM
$RECAF A single successful zone flowing >1,000 bpd would likely be considered commercial given onshore Namibia’s low drilling/infrastructure costs.
0 · Reply
pit_13
pit_13 Apr. 12 at 4:55 PM
$RECAF So when production well testing results come back positive (as I expect), what are your thoughts on where the SP will peak at-- $1.50? $5.00? $10.00+?
5 · Reply
QuibSmib57
QuibSmib57 Apr. 12 at 4:50 PM
$RECAF Sending positive vibes and paytiently 🐂🐂🐂
0 · Reply
Snot_bubble6
Snot_bubble6 Apr. 12 at 4:03 PM
$RECAF
0 · Reply
vlad0
vlad0 Apr. 12 at 3:51 PM
$RECAF Praying that Brian is preparing a big surprise for the shorts.
2 · Reply
vlad0
vlad0 Apr. 12 at 3:47 PM
$RECAF 1,000,000,000 barrels https://youtube.com/shorts/AS69MfcpLMQ?si=l8Ke-0D6XMYhMPU8
0 · Reply
Latest News on RECAF
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TheHornedBull
TheHornedBull Apr. 12 at 8:47 PM
$RECAF regarding the RA 3/26/2026 NR I think every word of the 3/26 NR is technically true — but every line is written so broadly that it can apply to many different situations, or none at all. Even the title says “commenced testing operations,” but it never says what testing actually began. There are dozens of possible tests on a site that statement could apply too? My point is this: the NR paints a picture of a busy site with testing underway as of 3/26. But 16 days and recent satellite images show no evidence of any Flow/production testing activity — not even obvious prep work and equipment required for the testing. That’s the contradiction I’m pointing at. My Conclusion is simple. The NR was timely, but likely designed to buy time, for other Processes taking place, that require even more time. I believe the well may soon be completed, but the Flow test will most likely come later.
1 · Reply
Killarneyboy
Killarneyboy Apr. 12 at 7:58 PM
$RECAF https://vt.tiktok.com/ZSHq2kKSA/
3 · Reply
yft212
yft212 Apr. 12 at 7:41 PM
$RECAF With the Iran war developments I'm wondering if other nations are looking to step in and help speed up oil production in Namibia. They seem to still be focused on the offshore production which is slated for 2029-30.
1 · Reply
MortREA
MortREA Apr. 12 at 6:03 PM
$RECAF Namibia to host energy conference as oil plans advance – New Era https://share.google/uuHSVeFk0yEAdV45x Pre-registration tomorrow. Wonder if Brian will be mentioning his discovery to anyone? Go BR, Go Recon 2!!
1 · Reply
TheBigMM
TheBigMM Apr. 12 at 5:30 PM
$RECAF A single successful zone flowing >1,000 bpd would likely be considered commercial given onshore Namibia’s low drilling/infrastructure costs.
0 · Reply
pit_13
pit_13 Apr. 12 at 4:55 PM
$RECAF So when production well testing results come back positive (as I expect), what are your thoughts on where the SP will peak at-- $1.50? $5.00? $10.00+?
5 · Reply
QuibSmib57
QuibSmib57 Apr. 12 at 4:50 PM
$RECAF Sending positive vibes and paytiently 🐂🐂🐂
0 · Reply
Snot_bubble6
Snot_bubble6 Apr. 12 at 4:03 PM
$RECAF
0 · Reply
vlad0
vlad0 Apr. 12 at 3:51 PM
$RECAF Praying that Brian is preparing a big surprise for the shorts.
2 · Reply
vlad0
vlad0 Apr. 12 at 3:47 PM
$RECAF 1,000,000,000 barrels https://youtube.com/shorts/AS69MfcpLMQ?si=l8Ke-0D6XMYhMPU8
0 · Reply
Martinlanding
Martinlanding Apr. 12 at 3:32 PM
$RECAF interesting weekend reading. This is BW project. I didn't realize the plan was to also build and utilize the gas onshore with a Namibian power station. https://en.wikipedia.org/wiki/Kudu_gas_field
0 · Reply
JosephOfEgypt
JosephOfEgypt Apr. 12 at 3:28 PM
$RECAF On this Devine Mercy Sunday I pray for America and its return to Christ the Prince of peace
2 · Reply
RocoTaco
RocoTaco Apr. 12 at 3:07 PM
$RECAF @Jimmyjack12 Donny…Your So Smart…Bamboozle Everyone with BullCrap….Sigh!
0 · Reply
Jimmyjack12
Jimmyjack12 Apr. 12 at 2:56 PM
$RECAF
0 · Reply
FightingIrish33
FightingIrish33 Apr. 12 at 2:31 PM
$RECAF Wish we were producing...US Naval blockade on straights of hurmuz.....
0 · Reply
reco2point0
reco2point0 Apr. 12 at 1:02 PM
$RECAF With some people one just cannot win. Holding RA for more than 5 years I along with many others have seen RA be silent, we have seen them be generalized in their NR's, and we've seen them be quite specific. The latest NR that stated "The Company commenced testing operations on schedule at the Kavango West 1X discovery well." .....This statement includes the word "operations" which yes may be somewhat generalized but it is factual. Part of the production testing procedure includes readying the hole, rig, pad, or in other words "getting started". Operational updates are generally somewhat generalized as there is no need for us to know where the outhouse is located. As I said yesterday all that matters is the game started on time and RA just wanted to make sure to let us know that after the period of silence from them. Some of our theories of why the silence were starting to get out of hand and they simply wanted the stupid theories to cease. Nuff said...
6 · Reply
EquitytheGrouchLee123
EquitytheGrouchLee123 Apr. 12 at 1:01 PM
$RECAF Conspiracy theories? OK...
6 · Reply
Martinlanding
Martinlanding Apr. 12 at 12:02 PM
$RECAF conspiracy theory for weekend entertainment. "The company " has pivoted its focus. And is Lazer focused on shareholder value (which i personally believe). They are focusing efforts in Angola. If fold structures continue into Angola, there is strategic benefits to pushing this portion of exploration. The pay percentage is higher in Angola. Why spend precious money on the side of boarder with higher fee structures. Also Angola has oil infrastructure, and rumors of possible new infrastructure as well. Lots of realistic Hedging reasons to reasonably argue its time to push in this area. All of this is if you believe these fold structures hold enough to be economic in this remote areas. Id be interested in hearing others viewpoints.
2 · Reply
TheHornedBull
TheHornedBull Apr. 12 at 5:46 AM
$RECAF RA/NR commencement of production testing operations at Kavango West. March 26, 2026 The Company commenced testing operations (of what?) on schedule at the Kavango West 1X discovery well. Regulatory permits required to proceed with production testing have been received and work crews are on site preparing the well for testing. (what kind of testing and of what?) The production liner, which was procured in North America, has arrived on site(but when will it be installed?) The Company has signed contracts with Halliburton and Schlumberger Oilfield Services for equipment and services( to do what and where and when?). Local suppliers have been engaged in multiple support capacities.( to do what and to supply what, to who?) This NR was made pubic 16 days ago. These sentences do not provide a single specific fact about Who, What or When flow testing will be done. By design. No time frames, no order = a quiet deserted KW1X well site on? 4/9/2026 No Crews/No testing/ Nothing
8 · Reply
CrayonGraphs
CrayonGraphs Apr. 12 at 5:23 AM
$RECAF Im stickin too the charts and technicals... this looks good to me even if they humpin a dry hole. GL!
0 · Reply
ReaIAlpha
ReaIAlpha Apr. 12 at 1:57 AM
$RECAF Research Capital “asymmetric upside” CEO “catalyst Rich 2026” CEO and JV partner keep buying A grade 11 taking his first finance course would know what that suggests in his fist quiz
2 · Reply
ReaIAlpha
ReaIAlpha Apr. 12 at 1:23 AM
$RECAF lol sentiment meter being played with again lmao These people are literally infants
0 · Reply