ReconAfrica and partners have resumed horizontal drilling at the KW1X well in Namibia after receiving all necessary permits. The drilling targets a 1,000-meter horizontal section to intersect natural fractures and maximize flow rates. Flow testing will follow well completion to assess reservoir performance and fluid composition, with results expected before the end of 2026. This step is crucial for evaluating the oil and gas potential of the Kavango Rift Basin project.
ReconAfrica's horizontal drilling update provides context for energy sector activity. For readers following energy stocks, 25 out of 79 priced US energy stocks on Pluang rose while 44 fell as of Oct 19, 2026 18:31 WIB. Notable movers include UEC at USD 8.05 with a 1.77% increase and UUUU at USD 8.61 with a 1.65% rise.
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