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CRCL Corcel Plc

0.36
0.00 (0.00%)
Last Updated: 08:00:00
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% 0.36 0.32 0.40 0.36 0.36 0.36 277,054 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.26M -0.0008 -4.50 5.76M
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 0.36p. 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 £5.76 million. Corcel has a price to earnings ratio (PE ratio) of -4.50.

Corcel Share Discussion Threads

Showing 5551 to 5572 of 5750 messages
Chat Pages: 230  229  228  227  226  225  224  223  222  221  220  219  Older
DateSubjectAuthorDiscuss
12/2/2024
10:23
Looking like late March/early April for first news on testing.
highly geared
12/2/2024
08:48
You are incorrect-they did not lie,this is what they said


Corcel 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

dafad
12/2/2024
08:41
Feb 12th RNS: 'Well testing now begins' and will take several weeks.

So when they said in December 'Well testing now begins' they lied?

dead duck resources
11/2/2024
19:50
Thanks affc21

They look happy stood behind the testing pipes

Fingers crossed 🤞

Just checked the timelines from the July 23 presentation

Page 12



Q1 24 looks to be real busy with news flow obviously waiting on testing results but also...

Maiden Brazilian acquisition

Consolidation Angolan assets

Then Q2 first oil from EPS

Just looking back through the videos online , does look like they have EPS in place

This video shows it 3 different times , can see the pipes, storage tanks etc

dicko80
09/2/2024
19:48
Can't be far off now D. Been a long game of patience but will pay off.. (already has but you know what I mean)
smackeraim
09/2/2024
07:38
Nice delayed buy print showing now from yesterday


Recent Share Trades for Corcel (CRCL)

15:18:24 0.99 1,525,000 Unknown*15.10k

News next week - well we wait on Mambare sale , Angola testing , also news at some point on REM its been some time, surely must be due

FOMO Friday

dicko80
08/2/2024
12:57
Well said Ed

And buy some stock whilst your at Rock

dicko80
08/2/2024
11:40
Tigin/RL,

Rather than just bleat like a little girl, perhaps feel free to post about CRCL at some time too.

Regards,
Ed.

edgein
08/2/2024
09:35
🤣🤣🤣🤣 9315;🤣

Best Post you've done that Rock

To stop myself from repeating myself , it doesn't take long to test something that isn't flowing, I won't say anymore than that, as I have already repeated what we have and wouldn't want to upset you

But just for Clarity

Multiple zones
80m oil column T14
120m oil column T13

Big oil column and numerous intervals will take some time especially if the pressure is back to the original T04 that flowed 12580bopd from just 8m reservoir

As you say news will come when it comes

GL to you also

dicko80
07/2/2024
19:32
thanks for your lovely kind words tigin/Rocklawn 😘
dicko80
07/2/2024
09:29
She looks ready for a move north

Last chance to buy sub 1p

dicko80
07/2/2024
08:15
FDP

6 weeks of testing

Be good to get the flow rates but more so the details of the FDP

With 7 historic producing wells, 2 new wells,the opportunity to quickly ramp up production is significant

I know Sonagol have stated a 3 year development to drain the reservoir across the Tobias field which we believe is c65mmbbls recoverable

CRCL have a golden opportunity to go from a business that was non cash generating to significant turnover and profit making in a very short space of time

dicko80
06/2/2024
10:38
Nice buying opportunity @ .95p
dicko80
06/2/2024
10:16
Classic treeshake before the production starts at the 2 Colins. Then the big one - the Brazilian Colin!

GLA LTHers!

kemche
06/2/2024
08:19
If you zoom in on the slide with the woman

"2010 Seismic spacing is wide enough for the entire prospects to be missed entirely “

Implies additional prospects offering further exploration upside

dicko80
06/2/2024
07:50
Interesting tweet

#CRCL @CorcelPLC technical team were thrilled to join the Onshore #Kwanza Basin Workshop in January 2024.

The aim was to introduce the value proposition of the eFTG project to a broader audience & convey the project's value proposition for future well planning purposes.

dicko80
05/2/2024
09:17
Another 3m buy @ 1.04p
dicko80
05/2/2024
08:14
Nice 3m buy @ 1.05p
dicko80
05/2/2024
08:10
T14 6 weeks of testing

Must be flowing v well

dicko80
02/2/2024
08:00
Next week is 6 weeks of testing

T04 produced at peak flow 12580bopd from just 8m

T14 an offset well of T04 has 80m of reservoir potential to test in optimal position on the crest of the structure

The results will be used for FDP and to quickly move into production via an EPS

The FDP may also include the re entry of the historic 7 producing wells to quickly ramp up production as they believe the field has recharged since shut , horizontal drilling and sidetracks have been mentioned in all RNS updates

dicko80
01/2/2024
08:43
Is that 2 x 5m buys @ 1.15p

Looks like 5m @ 1.05p cancelled

dicko80
01/2/2024
07:39
My guess next week 👍
dicko80
Chat Pages: 230  229  228  227  226  225  224  223  222  221  220  219  Older

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