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Share Price: 0.165

Bid: 0.15

Ask: 0.18

Change: -0.015 (-8.33%)

Spread: 0.03 (20.00%)

Open: 0.18

High: 0.17

Low: 0.165

Prev. Close: 0.18

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IN BRIEF: Corcel applies for vacant Papua New Guinea ground

Fri, 21st Oct 2022 11:40

Corcel PLC - London-based mining and mineral resource development company - Says its wholly owned subsidiary Niugini Nickel Pty Ltd has submitted an application over currently vacant ground in Papua New Guinea totalling 136 graticular sub-blocks or around 464 square kilometres. Says this area covers the Star Mountains project, a gold and copper exploration project. It believes that a number of other applications have been made for the area.

"Whilst no certainty exists that the company will be successful in its application, the board believes that the acquisition of the Star Mountains tenements would capitalize on its existing PNG experience and expertise, and provide a further broadening of the company's mineral exploration portfolio," it adds.

Current stock price: 0.33 pence, down 7.1% in London on Friday

12-month change: down 78%

By Sophie Rose; sophierose@alliancenews.com

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12 Jun 2024 19:23

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12 Jun 2024 09:35

Corcel joint venture refused mining lease in Papua New Guinea

(Sharecast News) - Shares in oil, gas and battery metals small cap Corcel tanked on Wednesday after the company announced that the Papua New Guinea government refused to grant a direct shipping ore mining lease for its part-owned Mambare nickel-cobalt project.

7 Jun 2024 18:41

IN BRIEF: Corcel's Angolan blocks to acquire new data through survey

Corcel PLC - Angola and Brazil-focused oil exploration and production firm - Says the KON 11, KON 12, and KON 16 blocks in Angola have received all the relevant approvals to acquire new data through an enhanced full tensor gradiometry survey. Non-Executive Chair Antoine Karam says: "The eFTG Survey over our blocks will enhance our geological understanding and bolster our efforts in the Kwanza basin, where we remain confident there is significant potential. Despite our recent challenges, we remain focused in achieving our goals."

7 Jun 2024 11:36

AIM WINNERS & LOSERS: Corcel receives approvals for data acquisition

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

31 May 2024 16:57

LONDON MARKET CLOSE: FTSE 100 rounds off decent May with gain

(Alliance News) - Equities in Europe ended higher on Friday, though stocks in New York were weaker, despite a key US inflation gauge landing in line with expectations.

25 Apr 2024 15:47

EXECUTIVE CHANGES: Hydrogen Future Industries 25% shareholder made CEO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

23 Apr 2024 19:58

EARNINGS AND TRADING: Graft Polymer extends loan; ASA profit down 30%

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

16 Apr 2024 20:19

TRADING UPDATES: System1 revenue jumps; Pathfinder amends deal

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

15 Apr 2024 12:12

IN BRIEF: Corcel completes initial well testing; raises GBP1.3 million

Corcel PLC - London-based mining and resource development company - Notes the conclusion of initial well test efforts at TO-14 well in the Kwanza Basin, onshore Angola, where the company has a 20% working interest. Says local operator Sonangol EP decides to move to testing to TO-13 well. The equipment move is expected to take approximately seven days after which formal testing will begin, it says. Chair Antoine Karam says: "With TO-13 testing shortly to commence, we will soon have an additional data set to aid in our efforts to both produce commercial oil in the short term and to reactivate and build out the Tobias field over the longer term." Corcel also reports that it has raised GBP1.3 million through through a fundraising via the issue of 260 million new ordinary shares at 0.005 pence each. This includes a GBP500,000 investment from shareholder, Extraction SRL.

15 Apr 2024 08:22

Corcel to shift exploration focus amid nitrogen shortage

(Sharecast News) - Angola-focussed energy explorer and producer Corcel updated the market on progress at the Tobias Field reactivation on Monday, in Block KON-11 within the Kwanza Basin, where it holds a 20% working interest, or 18% ne.

2 Apr 2024 12:36

EARNINGS: Capricorn Energy loss narrows; Crystal Amber net assets up

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

27 Mar 2024 20:32

IN BRIEF: Corcel updates on progress of testing in Angola

Corcel PLC - London-based mining and resource development company - Provides an update on the testing of the TO-14 well in the onshore Block KON-11, in Angola, where it has a 20% working interest. Says testing of the TO-14 well continues following significant weather and equipment related delays earlier in the year. Explains reactivation of the fractured carbonate reservoir has been challenging, however there is continued focus on engineering solutions to flow test the well from the most prospective zones identified during the drilling phase. Notes continued engineering work is being conducted to identify solutions to flow both TO-14 and the yet untested TO-13 well. Additional activities are being progressed across the Corcel acreage in KON-11, KON-12, and KON-16. An electromagnetic full-tensor gravity survey is scheduled to begin by early May.

18 Mar 2024 19:20

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Corcel Share News (CRCL)

Share Price Information for Corcel (CRCL)

IN BRIEF: Corcel applies for vacant Papua New Guinea ground

EARNINGS AND TRADING: Intuitive Investments NAV rises, talks up Hui10

Corcel joint venture refused mining lease in Papua New Guinea

IN BRIEF: Corcel's Angolan blocks to acquire new data through survey

AIM WINNERS & LOSERS: Corcel receives approvals for data acquisition

LONDON MARKET CLOSE: FTSE 100 rounds off decent May with gain

EXECUTIVE CHANGES: Hydrogen Future Industries 25% shareholder made CEO

EARNINGS AND TRADING: Graft Polymer extends loan; ASA profit down 30%

TRADING UPDATES: System1 revenue jumps; Pathfinder amends deal

IN BRIEF: Corcel completes initial well testing; raises GBP1.3 million

Corcel to shift exploration focus amid nitrogen shortage

EARNINGS: Capricorn Energy loss narrows; Crystal Amber net assets up

IN BRIEF: Corcel updates on progress of testing in Angola

TRADING UPDATES: Chariot mulls future of Transitional Power business

Corcel reports positive findings from Canegrass lithium project

TRADING UPDATES: United Oil adds Jamaica expert; Vaalco makes buy

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