VANCOUVER

, BC

,


Dec. 7, 2022


/CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (

Frankfurt

: 0XD) announces a conference call for investors and analysts will be held on

Thursday, December 8, 2022

at

11:00 am Eastern Time

. Participants will include

Scot Evans

, Chief Executive Officer, Dr.

James Granath

, Chief Geoscientist, and

Grayson Andersen

, Head of Capital Markets.

Analysts and Investors are invited to participate using the following dial-in numbers:

A replay of the conference call will be available until

11:59 pm Eastern Time

on

December 15, 2023

.

In addition, the Company is pleased to announce the appointment of

Deniz Kuban

to the position of Chief Compliance Officer.

Ms. Kuban is a lawyer with twenty years of international legal experience in compliance and oil and gas projects in ten countries. She has served in legal and compliance roles for international publicly listed companies and advised international oil companies and state oil companies throughout her career. She is a Partner and Head of

London

office of Park Energy Law since

February 2015

. Prior to that, she was Head of Legal and Head of Compliance Programs with Genel Energy in

London UK

and

Ankara Turkey

from

October 2009

.

ReconAfrica is a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in the Kalahari Desert of northeastern

Namibia

and northwestern

Botswana

, where the Company holds petroleum licences comprising approximately 8.5 million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat, in line with best international standards, and will implement environmental and social best practices in all of its project areas.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Certain statements contained in this press release constitute forward-looking information under applicable Canadian,

United States

and other applicable securities laws, rules and regulations, including, without limitation, statements with respect to the Company’s commitment to minimal disturbances in line with international best standards and its implementation of environmental and social best practices in all of its project areas. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica’s current belief or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as the Company’s actual results and future events could differ materially from those anticipated in these forward-looking statements as a result of the factors discussed in the “Risk Factors” section in the Company’s amended and restated annual information form dated

May 19, 2021

available under the Company’s profile at


www.sedar.com


. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

SOURCE Reconnaissance Energy Africa Ltd.

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