VANCOUVER, BC, Aug. 25, 2020 /CNW/ - Reconnaissance Energy
Africa Ltd. (the "Company" or
"ReconAfrica") (TSXV: RECO) (OTC: RECAF) (Frankfurt: 0XD) is pleased to announce the
Company's Board of Directors has appointed Scot Evans as Chief Executive Officer effective
August 24, 2020. He will succeed
Jay Park, who will become Chairman
of the Board.
Mr. Evans, most recently the Company's Chief
Operating Officer, is an energy industry leader with a
combined 35 years of experience with Exxon and Halliburton. Prior
to joining ReconAfrica in November, 2019, Mr. Evans was Vice
President of Halliburton's Integrated Asset Management
and Technical Consulting organizations, where he grew production
from 20K to over 100K barrels of oil equivalent per day, creating
the equivalent of a Mid-Cap upstream oil company. His experience in
the US spans the Permian, Eagle Ford and Monterey plays, and
internationally in Algeria,
Kuwait, India, Angola, Ecuador and Mexico. He is an expert in developing new
field resources.
"With the announcement of the exceptional success of our recent
funding initiative, Scot Evans will
provide the right balance of leadership, operational and technical
excellence as the Company now focuses on executing its high impact
drilling program in opening the deep Kavango Basin," stated Mr.
Park.
The Company would like to thank Mr. Park for his valued
leadership of ReconAfrica to date. In his role as Chairman of the
Board, the Company will continue to benefit from Mr. Park's
guidance and depth of knowledge in international oil and gas
law.
ReconAfrica is a junior oil and gas company engaged
in the opening of the newly discovered deep Kavango Sedimentary
Basin, in northeastern Namibia and
northwestern Botswana where the
Company holds petroleum licenses comprising approximately 8.75
million contiguous acres.
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.
SOURCE Reconnaissance Energy Africa Ltd.