ReconAfrica begins testing at Namibia discovery, advances Gabon work program [Yahoo! Finance]
Halliburton Company (HAL)
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Source: Yahoo! Finance
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said on Thursday it has begun production testing at its Kavango West 1X discovery well in Namibia, while advancing seismic work and appraisal planning on its offshore Ngulu block in Gabon as part of a catalyst-rich 2026 program. The oil and gas explorer said it has received all regulatory permits required to proceed with testing at Kavango West, with crews now on site preparing the well. A production liner sourced from North America has been delivered, and the company has contracted Halliburton and Schlumberger Oilfield Services to provide equipment and services. Updated petrophysical analysis, incorporating additional rock and log data, indicates 75 metres of net hydrocarbon pay in the Huttenberg formation, up from a previously reported 64 metres, the company said. ReconAfrica said it plans to conduct production testing across six zones, including three in the Huttenberg formation and three in the deeper Ela
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- Halliburton (HAL) had its price target raised by BMO Capital Markets from $39.00 to $42.00. They now have a "market perform" rating on the stock.MarketBeat
HAL
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- 1/21/26 - Beat
HAL
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- 3/31/26 - Form 4
- 3/31/26 - Form DEFA14A
- 3/31/26 - Form DEF
- HAL's page on the SEC website