We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Corcel Plc | LSE:CRCL | London | Ordinary Share | GB00BKM69866 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.80 | 0.75 | 0.85 | 0.80 | 0.80 | 0.80 | 1,676,578 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Nonmtl Minrls, Ex Fuels | 0 | -1.26M | -0.0008 | -10.00 | 12.8M |
Date | Subject | Author | Discuss |
---|---|---|---|
05/2/2014 15:07 | Had been looking into this a couple of weeks ago, was about to buy then the update took it higher so held off. Finally bought a few this morning at 409p | valhamos | |
05/2/2014 14:53 | Clearly a significant seller here and the challenge is on to hold your nerve. The recent update did not indicate anything other than things are going to plan. Those directors and others that bought at £4.50 must be well cheesed off. Plenty of news flow to come. | marvelman | |
05/2/2014 14:42 | Fall seems odd after a good update and after we seemed to passed through the worst of the general market volatility. | valhamos | |
30/1/2014 16:38 | RBC note earlier today: Caracal (CRCL.L): Chad Chat Our updated Caracal NAV is 710p/share; this PV12.5% comprises of a Tangible NAV of 460p and risked upside of 250p/share. The company is steadily growing production and cash flow, and pushing the Badila and Mangara developments 'up the value curve'; its portfolio also provides exposure to significant exploration upside. Newsflow is set to increase from February, with the publication of a reserves update (upgrade?) and possibly the signing of a new RBL facility. Drilling news is set to pick up from April with the spudding of a well on a first appraisal well on Kibea. Our NAV includes only the prospects that are scheduled to be drilled in the next 18 months; totally unrisked this campaign could add a further ~930p/share to our NAV. Deliberately/prudent The market is very focused on production and cash flow growth, so any slip ups could be costly Caracal is scheduled to delivery its first crude cargo in March. The company is exposed to any oil price weakness a $10/bbl oil swing changes our PV12.5% by 15%. | dukedosh | |
30/1/2014 10:15 | Good to see L&G and Fidelity buying into the story this and last week. Directors and insiders have plenty of skin in the game, they piled in at 450p back in November. Current share price looks real cheap under 450p, specially after reviewing 2014 guidance. | dukedosh | |
28/1/2014 09:53 | A week old but worth the read if you haven't seen these. RBC Capital Markets Note on 20.01.2014 Caracal Energy (CRCL.L): Encouragement, but more details required We initially expect a muted share price reaction to today's update as water handling issues resulted in slower than expected production growth from Badila (14,000b/d now targeted by month-end), and additional data are required to assess the impact of the Bitanda-1 and Mangara-6 wells. Downhole logs indicate the Bitanda-1 exploration well encountered 38m of net reservoir in an Upper Cretaceous M sand and 66m meters in the Lower Cretaceous D sands. The company plans to test the well in Q1/14. The 650mmbbl P10 case required oil to be encountered within numerous staked sands, therefore we expect and any guidance to be towards the lower end of pre-drill estimates - we currently include 36p/ share, risked, for a risked 140mmbbl (P50) prospect in our 733p/share Caracal NAV. In December and January (to date) production has averaged 11,274b/d and output is currently averaging 12,000b/d. The year-end exit rate of 14,000b/d was not achieved as the development experienced water handling issues; management says these challenges have been resolved with additional tankage and the commissioning of the SPT. Caracal expects to produce 14,000b/d by the end of January and remains on schedule for its first lifting in March 2014, some 560,000bbls. Mangara is due on stream in March. RBC Capital Markets Note on 22.01.2014 Caracal Energy (CRCL.L): Site visit We expect to 'refresh' our Caracal model on the back of this week's site visit to Chad. The company has made tangible progress at Badila and Mangara since our last visit in 2012. Recent 2014 guidance is in line with our current forecasts, so any revisions are likely to be to our long-term view on the two developments, the Kibea discovery, which is scheduled to be appraised in Q2/14, the Krim discovery and a reassessment of the 2014-15 drilling plan. We have today revised our NAV to reflect drilling news from Bitanda-1; the well encountered more sand than anticipated and a lack of (sealing) shales prevented the formation of traps. However, two zones - the M Sands and D sands - warrant testing and each of these zones could hold ~50mmbbl+. The key risk with these targets remains hydrocarbon charge, as it is difficult to distinguish on logs between oil and the fresh formation water. We include upside/risk of +125p/-31p per share for the ~90mmbbl Bitanda structure in our revised 728p/share NAV, which is down from 733p/share. | dukedosh | |
28/1/2014 09:39 | Barclays Reiterates "Outperform" Rating for Caracal Energy (CRCL) Caracal Energy Inc. Barclays restated their outperform rating on shares of Caracal Energy (LON:CRCL) in a report issued on Friday, Analyst Ratings Net reports. They currently have a GBX 670 ($11.04) target price on the stock. | dukedosh | |
20/1/2014 22:34 | Hi MM - you may be right but I'm hoping for better than that. At present oilers are out of fashion but I think the economic recovery will see growing demand for oil - then those companies such as CRCL will be well placed. I am sure funders who took part in the place will be looking for larger gains than 10%. | melody9999 | |
20/1/2014 14:18 | A very quiet board here Melody but glad to see you on it.Low profile company keeps doing what it says on the lable and what seems to have a solid relationship with Glen.Fully funded but the placing funders will likely be happy with with 10% return from the 4.50 they paid so I don not expect the share price to be able to head up past £5.00 in the medium term. | marvelman | |
20/1/2014 07:46 | All seems on track and looks like a busy year then 2014 Guidance The Company's forecasted work program for 2014 is as follows: - Drill and complete 20 to 22 development wells; - Drill 8 to 10 exploration wells; - Commission the Mangara pipeline and CPF; - Expand the Mangara and Badila processing facilities; - Commence the FEED and land acquisition for the Doseo pipeline. The expected costs and production from the above program as are follows: - Production: 22,000 to 26,000 gross bopd (11,000 to 13,000 working interest bopd); - Capital: $765 to $845 million gross ($375 to $425 million net to Caracal and after the $100 million GlencoreXstrata plc carry); - Annual funds flow from operations: $220 to $270 million, $1.50 to $1.85 per share; - Q4 2014 annualized funds flow from operations: $439 to $480 million, $3.00 to $3.28 per share. | melody9999 | |
18/1/2014 22:05 | There are two others that we talk about quite often with our international investment community.Both are listed in London, Caracal Energy Inc. [CRCL:LSE].Mercom Oil Sands [MMO:LSE]- | newtothisgame3 | |
22/12/2013 23:56 | worth noting that on 5th December, 7 directors bought £1M total shares at 450p a pop. you can buy at their prices right now.... and follow their belief / knowledge that the share price will increase over time. | melody9999 | |
11/12/2013 09:56 | Ftse250 entering | 11023154 | |
20/11/2013 09:24 | Dead duck this - i'm done. | gazza12 | |
08/11/2013 16:21 | Don't like the late sell off. | gazza12 | |
08/11/2013 12:35 | Perhaps we can now get on with getting back to running the operation. All done and dusted without too much given away to the insiders. | marvelman | |
08/11/2013 12:16 | Oversubscribed placing, best we could hope for at only a 3% discount to todays price, | gazza12 | |
08/11/2013 09:03 | We seem to have arrived at a number for the placing here or hereabouts. I added at 4.66 which will be bettered no doubt by our new "investors". They still have $800K to go should they need more...lets hope not for a little while yet. | marvelman | |
08/11/2013 08:52 | This looks a very cheap stock with plenty of upside. | gazza12 | |
08/11/2013 08:03 | Under the radar company this. The statement looks very impressive but the placement timing is going to throw a spanner in the works. But ongoing this looks perfect for a pension portfolio. | analcime | |
08/11/2013 07:39 | That explains the volatile price action yesterday. You never know whats round the corner. Well when the bottom arrives on the share price sometime today we should have a very cash rich company with blue sky prospects....OMG, what have I just said. | marvelman | |
07/11/2013 22:24 | Well news of today's placing destroys any value to be had here. I don't understand why they are doing this when the have just farmed out for was it $300 million, and are supposedly about to ramp up to 35k barrels per day production? Strong sell now as there should have been no need to do a placing on the back of the predicted revenues that will supposedly be generated. | blueclyde | |
07/11/2013 22:13 | Spotted this while looking at another share . Its from Cannacord via The Energy Report. "TER: What other companies in your portfolio are you excited about? CB: There are two others that we talk about quite often with our international investment community. One is listed in London, Caracal Energy Inc. (CRCL:LSE). This is a fascinating company because it is operating in Chad, so if you're talking about political risk that tends to be one that raises red flags when you discuss this with investors. The company is just bringing on production right now. Last month, it was not in production. It is literally ramping up to 35,000 barrels a day (35,000 bbl/d) within the next six months. It's another company that trades at a reasonable discount on the market. We have a buy recommendation and a £9.20 target price. It currently trades at around £5. This is another situation of a discount to reserve. Even to date, the company's exploration success has already added incremental reserves, so that 2P reserve number should to continue to grow. That has been one name we've been talking about quite actively. | dragonsteeth | |
07/11/2013 21:32 | late news of a share placing, near to fste 250 entry must be a cert now. | rolo7 | |
07/11/2013 19:41 | Very quiet board for a seemingly interesting company.... | the esk |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions Support: +44 (0) 203 8794 460 | support@advfn.com |
ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN Brazil |
ADVFN Canada ADVFN Germany ADVFN Japan ADVFN Mexico |
ADVFN France ADVFN US ADVFN Korea |