ReconAfrica Provides Drilling Update at Kavango West 1x Drilling Ahead Into the Otavi Reservoir Section

Executive Summary

• ReconAfrica provided an operational update on the Kavango West 1X (KW1X) exploration well, confirming drilling is proceeding on schedule toward total depth.
• The final casing string was set at ~2,300 m; the well will target the Otavi carbonate reservoir and is expected to reach total depth (~3,800 m) in the second half of November.
• Upon reaching TD, an extensive logging program will be conducted with results anticipated around year‑end; the company will remain in “tight‑hole” status until final logging is completed.

Key Details

• Final casing string set at approximately 2,300 metres depth, just above the targeted Otavi reservoir.
• Drilling resumed after a brief pause for delivery of final casing strings and remains on the original schedule.
• Expected total depth (TD) in the second half of November 2025; well will penetrate ~1,500 m of potential reservoir before TD at ~3,800 m.
• The Otavi section being tested represents a structural closure ~20 km long by 3 km wide.
• After reaching TD, an extensive logging program will commence; results are expected to be released around year‑end 2025.
• Company will maintain “tight‑hole” status until final logging is completed and will only provide depth updates in the interim, with no interpretation of positive or negative implications.

Notable Quotes

“Drilling of the Kavango West 1X well is proceeding on schedule… The final casing string has been set at a depth of approximately 2,300 metres… We anticipate drilling an extensive section of the potential reservoir…” – Brian Reinsborough, President & CEO, ReconAfrica.