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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Corcel Plc | CRCL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.13 | 08:00:07 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.13 | 0.13 | 0.135 | 0.13 | 0.13 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 17/6/2024 16:35 by dead duck resources 2.5 months is optimistic but activities are now curtailed for 2024 with desk based work only. Further funds won't be needed until the end of the summer. In the meantime we to have our nickel lease now ruled out for mining and 2 dry wells to salivate over. |
Posted at 17/6/2024 11:23 by kemche Are you telling me that Leni was lying????Lenigas - 18 Sep 2023 - 11:13:12 - 1296 of 2293 CORCEL: TRILLION DOLLAR NICKEL POTENTIAL IN AUSTRALASIA - CRCL I think a fund raising at the right price is definitely on the cards. But I’m sure Karam wants the price to be a lot higher than it is now. He wants this CRCL at multi hundred million market cap. That’s what he told me last week. Let’s see. |
Posted at 07/6/2024 14:00 by citys2874 CRCL and KRPZ both ready to lift off should be in for a great afternoon |
Posted at 07/6/2024 13:39 by dead duck resources Karam stepping down after a year as CRCL executive chairman, to become non-exec chair.Non-Exec Karam commented: "Despite our recent challenges..." the Company is managing its working capital position with creditors and will provide a further update on funding next week. The Company is also looking at further sources of capital which it will need in order to develop potential merger & acquisitions and to develop its current asset portfolio" We buy. |
Posted at 04/6/2024 13:57 by kemche Lenigas - 18 Sep 2023 - 11:13:12 - 1296 of 2293 CORCEL: TRILLION DOLLAR NICKEL POTENTIAL IN AUSTRALASIA - CRCLI think a fund raising at the right price is definitely on the cards. But I’m sure Karam wants the price to be a lot higher than it is now. He wants this CRCL at multi hundred million market cap. That’s what he told me last week. Let’s see. |
Posted at 03/4/2024 20:08 by dead duck resources smackeraim, it's notable you didn't disagree with beat me and rightly so. With suchselling going on, CRCL market makers have a clear and demonstrable need for gerbils. Shocking expenditure from the interims; -£243,000 accounting/legal/oth -£288,000 office admin & travel -£355,000 funding/marketing -£500,000 payroll =£1.4 Million total admin and that's only for half the year -£2 Million spent on the Angola duster on just 20% interest c.£60k cash going into Dec 31st then warrants exercised Dec 28th added another £80k -£0.6M net creditors... -£1.3M debt (offset for conversions after period end) |
Posted at 28/3/2024 10:43 by kemche This guy knows his stuff:Harry - AIM 📈 @SHARES_FTSE_AIM ยท 43m #CRCL overreaction to yesterday’s news? The oil game Awhoabamba! |
Posted at 12/2/2024 08:48 by dafad You are incorrect-they did not lie,this is what they saidCorcel Share News - CRCL Current Price 0.95p 0.00 0.00% Bid Price Offer Price 0.90 1.00 High Price Low Price Open Price 0.95 0.95 0.95 Shares Traded Last Trade Market Cap 193,068 08:00:00 15.2M Corcel PLC Oil Well Tobias-14 Drilling Results (9824X) Intraday Corcel Chart 28/12/2023 7:00am UK Regulatory (RNS & others) TIDMCRCL RNS Number : 9824X Corcel PLC 28 December 2023 Corcel PLC ("Corcel" or the "Company") Oil Well Tobias-14 Drilling Results Block KON-11 - Angola 28 December 2023 Further to the announcement of 03 November 2023 , Corcel Plc (London AIM: CRCL) is pleased to provide an update on the drilling results of the Tobias-14 ("TO-14") well in the onshore Block KON-11, in Angola where it has a 20% working interest (18% net) . The Operator is Sonangol, one of the largest national hydrocarbon producers in Angola. Highlights: o TO-14 well - located at the top of an anticlinal structure and an offset well from the largest historic producer in the field, has reached planned target depth of 781m o Full Binga reservoir section (80m) encountered in the well with identical zones encountered as in previous TO-13 well and oil shows throughout o The Operator and CRCL believe the results confirm the ability to reactivate production through an early production system ("EPS") and imply significant hydrocarbon potential remaining o Well clean-up and flow testing now begins on TO-14 Antoine Karam, Executive Chairman of Corcel, commented: "The encouraging results of the TO-14 well constitute a significant milestone toward development of an EPS and providing line of sight to near-term revenue generation for Corcel. At a macro level, we've confirmed that the same formations are contiguous between both wells, and data indicate that these zones contain movable oil throughout the reservoir. Given the historically wide well spacing of the field, there appears to remain substantial areas both undrained and now potentially re-charged since the original field was shuttered. The next steps will focus on the testing of the TO-14 well so we can determine formation pressures and ultimately flowrates, and we look forward to further announcements as Sonangol, the operator, moves to well testin |
Posted at 18/1/2024 18:34 by z1co For the company to achieve a £50m plus market it needs the flow rates to be in excess of 5,000 bopd.Not forgetting CRCL has 20% ( 18% net )working interest. Market cap at closing price is already £20m so 3,000 or 540 bopd net to CRCL will NOT take the share price any higher. In fact sellers will be all over this. I'm hoping for at least 10,000 bopd from TO-14. |
Posted at 02/11/2023 15:58 by smackeraim Here's the details from May Rns when Apex interest was acquired. Good luck kemche, may the force be with you. :-) Here's the RNS from May when we acquired these blocks from APEX APEX Portfolio Overview: The APEX portfolio is located onshore Angola, and consists of interests in three licences: o KON - 11 Non-Operated - 12 historical wells (20% working interest - 18% net to CRCL) o KON - 12 Non-Operated - 8 historical wells (25% working interest - 22.5% net to CRCL) o KON - 16 Operated - 1 historical well (35% working interest - 31.5% net to CRCL) KON-11 and KON-12 are considered brownfield development opportunities and include the historically producing Tobias and Galinda fields, both drilled and developed in the 1960s and 1970s by Petrofina, with combined historic production over 30 MMbbls. Both licences are operated by Sonangol (the Angolan national oil company). APEX's total reported unproduced contingent oil resources are estimated at: o KON-11 - 65 MMbbls, 11.7 MMbls net to CRCL o KON-12 - 19 MMbbls, 4.28 MMbls net to CRCL All three blocks have significant post and pre-salt prospective resources, both stratigraphic and structural with APEX estimating Prospective Resources of: o Post-salt 456 MMbbls - unrisked P50 (138 MMbo risked), 81.1 MMbls net to CRCL o Pre-salt 1,029 MMbbls - unrisked P50 (223 MMbo risked), 215.9 MMbls net to CRCL Both the Tobias (KON-11) and Galinda (KON-12) fields were discovered and originally developed in the 1960s. Both reservoirs are in the Binga limestone with 4-14% porosity and located at 700m and 1,900m respectively. Peak production at Tobias was approximately 17,500 bbls/d and at Galinda was approximately 2,700 bbls/d. Historic total production, which started in 1960 and ceased in the early '80s, was 29MMbbls and 2.8MMbbls respectively. APEX and Corcel believe that significant recoverable volumes of oil remain in place at both locations and initial plans may include additional seismic work to firm up drill locations, as well as a combination of vertical and horizontal wells. The development plan envisioned for KON-11/12/16 qualify for marginal field fiscal terms, as outlined by the Angolan government, resulting in advantageous royalty, tax and depreciation regimes. |
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