Corcel raises £3m to accelerate exploration, development plans

8th Dec 2025 14:29

(Sharecast News) - Corcel announced on Monday that it has raised £3m through an equity placing to accelerate its exploration and development plans in Angola and beyond.

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Corcel gets full approval to start Angola exploration

6th Nov 2025 14:57

(Sharecast News) - Corcel said on Thursday that it has received full ministerial approval to begin seismic acquisition and exploration drilling at its KON-16 block in Angola, marking a key operational milestone for the AIM-traded energy company.

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Corcel raises £2.72m to support operations

18th Feb 2025 14:37

(Sharecast News) - Corcel announced on Tuesday that it has raised £2.72m through an equity placing at a 6.7% premium to the prior day's closing price, with the proceeds set to support operational activities in Angola and Brazil, as well as efforts to expand its interests in the Kwanza Basin, onshore Angola.

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Corcel confirms intervention work to restart in Angola block

27th Jan 2025 13:06

(Sharecast News) - Corcel announced on Monday that intervention activities at the Tobias-13 and Tobias-14 wells in Angola's block KON-11 would soon restart.

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Corcel joint venture refused mining lease in Papua New Guinea

12th Jun 2024 09:35

(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.

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Corcel to shift exploration focus amid nitrogen shortage

15th Apr 2024 08:22

(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.

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Corcel reports positive findings from Canegrass lithium project

18th Mar 2024 12:45

(Sharecast News) - Battery metals explorer and producer Corcel updated the market on the findings of its initial exploration activities at the Canegrass lithium project in Western Australia on Monday.

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Corcel planning next drawdown from convertible loan facility

23rd Feb 2024 12:16

(Sharecast News) - Corcel updated the market on its unsecured convertible loan note facility on Friday.

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Corcel confirms start of testing at Tobias-14 well

12th Feb 2024 10:39

(Sharecast News) - Corcel updated the market on the testing of the Tobias-14 (TO-14) well in Block KON-11 on Monday, located onshore in Angola, where it holds a 20% working interest.

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Corcel upbeat on progress at Tobias-14 well

28th Dec 2023 11:44

(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.

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Corcel upbeat on drilling results from onshore Angola

3rd Nov 2023 13:51

(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.

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Corcel announces start of work in Angola's Kwanza Basin

25th Aug 2023 09:06

(Sharecast News) - Oil and gas company Corcel announced the start of preparatory work for drilling and appraisal activities on Block KON-11 on Friday, in the Kwanza Basin of Angola.

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Corcel reports positive preliminary results from Mt Weld drilling

13th Jun 2023 14:38

(Sharecast News) - Corcel revealed the preliminary drilling outcomes from its joint venture with Riversgold at the Mt Weld rare earth elements (REE) project on Tuesday.

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Corcel exercises option to acquire Canegrass Lithium Project

4th Apr 2023 11:49

(Sharecast News) - Exploration and development country Corcel has exercised its option to acquire the Canegrass Lithium project in Western Australia, it announced on Tuesday.

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Corcel shares jump on progress at Mt Weld

20th Feb 2023 13:47

(Sharecast News) - Corcel announced on Monday that its farm-in partner Riversgold had completed 3D inversion magnetics work on existing drill targets at Mt Weld.

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