IN BRIEF: Corcel completes acquisition of 90% stake in Atlas Petroleum

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Corcel PLC - Australia, Papua New Guinea and Canada-focused mining and mineral resource development company - Completes the acquisition of its 90% interest in Atlas Petroleum Exploration Worldwide Ltd following the signing of risk service contracts in Angola. The Atlas Petroleum portfolio has three main interests: KON-11, KON-12 and KON-16. These licences contain 21 historical wells in total.

Current stock price: 0.33 pence

12-month change: down 73%

Copyright 2023 Alliance News Ltd. All Rights Reserved.