REG - Corcel PLC - Notice of AGM

CorcelAnnouncement

26/11/2024 17:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241126:nRSZ7558Na&default-theme=true

RNS Number : 7558N  Corcel PLC  26 November 2024

Corcel PLC

("Corcel" or the "Company")

 

Notice of Annual General Meeting

 

26 November 2024

 

Corcel Plc (London AIM: CRCL), the pan Angola-Brazil focused energy company
announces that the notice convening the Annual General Meeting of the Company
(AGM) has been mailed to shareholders today and is available on the Company's
website www.corcelplc.com (http://www.corcelplc.com) .

 

The AGM is to be held on Friday, 20 December 2024 at 10:30 at WeWork, Aviation
House, 125 Kingsway London WC2B 6NH.

 

The Company will not be laying its Annual Report and Accounts at the AGM but
will hold a General Meeting in early 2025 to lay the accounts to shareholders.
The Annual Report and Accounts will be published to shareholders before the 31
December 2024.

 

For further information, please contact:

 

Scott Gilbert, Corcel Plc CEO & Director

Development@Corcelplc.com (mailto:Development@Corcelplc.com)
 

 

James Joyce / James Bavister / Andrew de Andrade , Zeus NOMAD & Broker

020 3829 5000
 
 

 

Jonathan Wright / Rupert Holdsworth Hunt, Auctus Advisors Joint Broker

07711 627449

 

Patrick d'Ancona, Vigo Communications IR

0207 3900 230
 

 

About Corcel

 

Corcel has a notable oil and gas portfolio in onshore Angola that includes
brownfield redevelopment opportunities and significant exploration upside.
Corcel marked a new country entry into Brazil by acquiring rights to producing
gas and exploration assets, further diversifying its portfolio and enhancing
its growth potential.

 

Corcel's Angola portfolio consists of interests in three licences:

·    KON - 16 Operated - 55% working interest - 49.5% net to CRCL

·    KON - 11 Non-Operated - 20% working interest - 18% net to CRCL

·    KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL

 

 Corcel's Brazil portfolio consists of the option to acquire:

·    a 20% interest in the IRAI gas field

·    a right-of-first refusal ("ROFR") over the remaining 80% in the IRAI
field, and

·    another ROFR for 100% of the adjacent TUC-T-172 exploration block,
located in the state of Bahia, onshore Brazil.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOAFEAFWMELSEDF