CORCEL

Corcel Plc (AIM: CRCL) is an upstream oil and gas company with a strategic focus on Africa and Latin America. In Angola, Corcel holds a 71.5% net interest and operatorship of Block KON-16 in the onshore Kwanza Basin, a high-impact exploration asset with multiple pre-salt and post-salt prospects. The Company also holds non-operated interests in the adjacent KON-11 and KON-12 brownfield blocks, providing additional exposure to development opportunities. In Latin America, Corcel is actively evaluating potential producing oil and gas acquisitions, with a focus on generating cash flow and building a balanced, diversified upstream portfolio across both sides of the Atlantic.