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CRCL Corcel Plc

0.325
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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% 0.325 0.30 0.35 0.35 0.325 0.35 2,767,802 08:00:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0008 -4.00 5.12M
Corcel Plc is listed in the Misc Nonmtl Minrls, Ex Fuels sector of the London Stock Exchange with ticker CRCL. The last closing price for Corcel was 0.33p. Over the last year, Corcel shares have traded in a share price range of 0.23p to 1.375p.

Corcel currently has 1,599,528,988 shares in issue. The market capitalisation of Corcel is £5.12 million. Corcel has a price to earnings ratio (PE ratio) of -4.00.

Corcel Share Discussion Threads

Showing 5301 to 5325 of 5750 messages
Chat Pages: Latest  218  217  216  215  214  213  212  211  210  209  208  207  Older
DateSubjectAuthorDiscuss
30/12/2023
09:15
Thanks HPotter.
z1co
30/12/2023
08:31
There's a well written summary of Corcel's Angolan prospects in today's Energy Voice, which summarises the last few RNSs. Probably written by Corcel and fed to Energy Voice.
A couple of points I'd missed are that the Angolan Onshore License round ends tomorrow, 31/12/23, and that KON-15, which is close to KON-11, is available.
The CV's of the incoming Directors are also quite impressive.

hpotter
29/12/2023
16:48
Very exciting times for the holders , looking forward to the testing.

TO-14,was drilled in close proximity to TO-4 as an offset well from the best historic producer in the original Tobias field; a well which produced at its historic peak 12,580 bbls/d despite only penetrating the first 8m of the reservoir.

z1co
29/12/2023
16:43
There was so many positives in the rns yesterday.

The data indicate that these zones contain movable oil throughout the reservoir.

Another positive:

TO-14 drilling encountered high fractured Oolitic Limestones in the reservoir with good porosity values. Initial pressure readings support Corcel's predrill thesis that the reservoir has returned to its original pressure levels through active recharge of the system.

z1co
29/12/2023
16:27
Nice buying just before the close.

1,000,000 buy @ 0.6975p
1,000,000 buy @ 0.6980p
2,000,000 buy @ 0.6999p

There was a 1,431,771 buy @ 0.6976p from 11.59.

z1co
29/12/2023
16:26
JAS2022

Don't be a bellend.

You've been showing your true colours on the VAST and COPL thread and now you've decided to let us all know how idiotic you really are on this forum.

WOW i'm really impressed.

Kindly f#ck off back to the other threads.

Thanks.

z1co
29/12/2023
12:11
Flow test was always going to be the time when Rocket Boosters are fitted and Price Soars.

Happy New year to all.

steveberyl
29/12/2023
12:03
But in reality it will be the complete opposite of 1000pc up no doubt 90pc down this time next year you ramping muppet
jas2022
29/12/2023
08:37
No doubt like yesterday there will be quite a few buy trades over a million that will get reported 1 hour late and like yesterday they will be shown by advfn as a sell.
z1co
29/12/2023
08:29
Looks good.
smackeraim
29/12/2023
08:29
you were banging on about all this at 0.2 mate lolone day rodney
smackeraim
29/12/2023
08:28
Few tick ups 👌
dicko80
28/12/2023
21:29
Ak interview from October
dicko80
28/12/2023
19:38
Thanks, yes and that's just tobias we also have Galinda oil field in KON12 plus further upside drilling deeper beneath the salt layer

Well worth doing some research into the geology for the deeper targets beneath the thick salt layer

The rift between the Santos and kwanza basins

the success the santos Basin has achieved drilling deeper below the salt



The salt acts as a thick seal,  with migration pathways into the uplift and oil is trapped beneath the thick salt

To date not many wells have penetrated the salt layer , they have targeted the shallow oil reservoirs

Huge upside potential for us on the salt leads , where there is great potential for oil accumulation

Click on the link below



If you look at the map of the blocks and look at Tobias oil field , where we are curently drilling

Anyone see what's just about showing underneath the oil field

"Salt lead"

Further reading , highlights the salt potential leads on KON11 & 12

[...]

dicko80
28/12/2023
19:28
D ,

Nice summary and if everything goes to plan the share price in 12 months time is likely to be in excess of 5p.

z1co
28/12/2023
19:08
Mkt cap £11m

Net contingent resources 11.7mmbbls

Not even priced at £1 per bbl

Should be between $3 -6 per bbl, in the ground $3, on discovery $6 per bbl

Both wells have multiple zones to test,  with each zone a potential producing zone over very large oil columns in both wells 120m & 80m which is highly fractured

It's now becoming clearer the potential  production numbers discussed on here many weeks ago become reality

6,000 bopd net to corcel 2024

6,000 x $80 x 365 days =

$175,200,000 gross revenues to corcel

12,000 bopd net to corcel 2025

12,000 x $80x 365 days =

$350,400,000 gross revenues to corcel

Let the 10% have their day, the real money is to come on flow rates, field development plan and production into 2025

Then hunting 300mmbbls in KON16 once in production

Let the testing begin 🔥 🔥

dicko80
28/12/2023
18:45
This bit of the rns gives a very strong indication that TO-14 is likely to have very high flow rates:

"The field has fully re-equilibrated."

z1co
28/12/2023
18:29
Positive write up in Share Talk:
z1co
28/12/2023
17:34
Align Research see`s a Re-Rate 10x. Interesting.
steveberyl
28/12/2023
16:17
Agreed , anything below financing is a gift

0.80p

dicko80
28/12/2023
16:10
A kick in the teeth those 0.21p warrants
dead duck resources
28/12/2023
15:54
Peeps taking profits far too soon , this well has been drilled in close proximity to the historic well TO-4 which produced at it's peak 12,580 bbls/d despite only penetrating the first 8m of the reservoir.
z1co
28/12/2023
15:38
Thanks Mortal1ty, 30 api light oil, 31% recoverable

Page 7



Hopefully increased OIP after today's RNS and our net share will increase from 11.7mmbbls recoverable

dicko80
28/12/2023
15:34
NT for more than 1.25m shares for me so pretty tight given the action today.
mark10101
28/12/2023
15:33
Little jiggery pokery going on with published trades, I think the final day total could be 150m plus

Also expect rush to get back in before final bell.

steveberyl
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