{"id":131779,"date":"2026-03-13T13:28:08","date_gmt":"2026-03-13T13:28:08","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/131779\/"},"modified":"2026-03-13T13:28:08","modified_gmt":"2026-03-13T13:28:08","slug":"corcel-targets-major-angola-oil-discovery","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/131779\/","title":{"rendered":"Corcel targets major Angola oil discovery"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Corcel PLC (AIM:CRCL, FRA:RM4B) Chief Operating Officer Richard Lane presented at the Proactive One2One Investor Forum on the company\u2019s exploration strategy in Angola\u2019s onshore Kwanza Basin and the progress across the portfolio.<\/p>\n<p class=\"yf-1fy9kyt\">Lane explained that Corcel PLC controls around 3,000 km\u00b2 of acreage in the basin, providing exposure to both shallow post-salt opportunities and deeper pre-salt exploration targets. The company\u2019s core operated asset is the KON-16 block, supported by non-operated interests in the KON-11 and KON-12 blocks. These assets offer a combination of new exploration prospects and potential brownfield reactivation opportunities from previously producing fields.<\/p>\n<p class=\"yf-1fy9kyt\">Lane highlighted the geological potential of the region, noting that the basin has a long history of discoveries dating back to the 1950s, but modern exploration techniques have only recently begun unlocking deeper opportunities. Recent work by Corcel PLC includes a focused 126-line-kilometre 2D seismic acquisition campaign across the KON-16 block. The survey was designed to refine existing prospects and move the company toward a drill-ready decision on multiple targets.<\/p>\n<p class=\"yf-1fy9kyt\">For more interviews and market insights, visit the Proactive YouTube channel. Don\u2019t forget to like this video, subscribe to the channel, and enable notifications so you never miss future updates.<\/p>\n<p class=\"yf-1fy9kyt\">#CorcelPLC #RichardLane #OilAndGas #AngolaOil #KwanzaBasin #EnergyStocks #OilExploration #PreSalt #SmallCapStocks #AIMStocks #EnergyInvesting #OnshoreExploration<\/p>\n","protected":false},"excerpt":{"rendered":"Corcel PLC (AIM:CRCL, FRA:RM4B) Chief Operating Officer Richard Lane presented at the Proactive One2One Investor Forum on the&hellip;\n","protected":false},"author":2,"featured_media":131780,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7],"tags":[1151,71541,71542,71540,47670,71539],"class_list":["post-131779","post","type-post","status-publish","format-standard","has-post-thumbnail","category-angola","tag-angola","tag-corcel-plc","tag-exploration-prospects","tag-exploration-targets","tag-opportunities","tag-richard-lane"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@africa\/116222106224924409","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/131779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=131779"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/131779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/131780"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=131779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=131779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=131779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}