Corcel Share News (CRCL)

LONDON MARKET MIDDAY: Stocks slide amid light trading volumes

(Alliance News) - Thursday morning's optimism was wearing thin by midday in London, as the Santa Rally fuelled by hopes of US rate cuts next year somewhat ran out of steam.

Corcel upbeat on progress at Tobias-14 well

(Sharecast News) - Corcel updated the market on the drilling progress of the Tobias-14 (TO-14) well within Angola's onshore Block KON-11 on Thursday, where it holds a 20% working interest.

AIM WINNERS & LOSERS: Zanaga powers up in the Republic of Congo

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: Corcel shares rise on positive drilling results in Angola

Corcel PLC - London-based mining and mineral resource development company with interests in flexible energy storage and production - Updates on the drilling results for the Tobias-14, or TO-14 well in the onshore block KON-11 in Angola, where it has a 20% working interest. Says the well encountered a full Binga reservoir section with identical zones as seen in the previous TO-13 well, with oil showing through. Corcel and operator Sonangol believe the results "confirm the ability to reactivate production through an early production system and imply significant hydrocarbon potential remaining". Corcel Executive Chair Antoine Karam comments: "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." Adds that well clean-up and flow testing has now begun on Tobias-14.

LONDON BRIEFING: Rate cut euphoria and Red Sea calm boost markets

(Alliance News) - Stocks in London are expected to rise further on a quiet Thursday between holidays, as hopes for US interest rate cuts next year stay strong.

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

EARNINGS: Odyssean asset value dips, Cardiff Property profit falls

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

Corcel celebrates start of exploration efforts at Canegrass project

(Alliance News) - Corcel PLC on Wednesday said that it has started initial exploration efforts at its fully-owned Canegrass lithium project in Western Australia.

TRADING UPDATES: PCI-PAL picked by Zoom; Biome in project delays

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Corcel upbeat on drilling results from onshore Angola

(Sharecast News) - Corcel updated the market on the drilling results of the Tobias-13 (TO-13) well in onshore block KON-11, Angola, on Friday.

AIM WINNERS & LOSERS: Audioboom shares ending week on strong note

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

IN BRIEF: Corcel says TO-13 well drilling "highly encouraging"

Corcel PLC - London-based mining and mineral resource development company with interests in flexible energy storage and production - Notes "highly encouraging" drilling results from Tobias-13 (TO-13) well in onshore Block KON-11 in Angola. Says the well has penetrated the entire Binga reservoir section, concluding a depth of 958.5 metres. Says oil shows found throughout the Binga reservoir confirm the ability to reactivate production in the field. As a result, proceeds to drill a second well, Tobias-14. Says a rig move is underway. Corcel holds a 20% working interest in TO-13.

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

Corcel urges shareholders to vote for revised Mambare deal at AGM

(Alliance News) - Corcel PLC on Monday said that it has received a revised offer from Integrated Battery Metals to buy its interest in the Mambare nickel cobalt project.