Namibia: ReconAfrica spuds second well in the Kavango Basin, NE Namibia 06 May 2021 Operations With the first string of casing set and cemented in the 6-1 well, the Company owned and operated 1000 HP rig (Jarvie-1) is drilling ahead to a target depth of 3,800 meters (12,500 feet). The 6-1 well is designed to evaluate the petroleum systems discovered in the first well (6-2) in an area of maximum thickness. These first two wells are within one of five major sub-basins of the larger, more laterally extensive, Permian aged deep Kavango basin. The Company will take whole core, side-wall core and conduct a full logging suite of all zones of interest (conventional targets and source rocks). As with the 6-2, a comprehensive state of the art logging program over both sections will be provided by Schlumberger. In addition, a Vertical Seismic Profile (VSP) will be run to enable the most accurate tie-in possible, of well data, to the 2D seismic program scheduled to commence in June, 2021.