{"id":9437,"date":"2023-11-04T04:18:15","date_gmt":"2023-11-04T04:18:15","guid":{"rendered":"https:\/\/infundpros.com\/investment\/corcel-shares-rise-after-angola-well-drilling-finds-hydrocarbons\/"},"modified":"2023-11-04T04:18:16","modified_gmt":"2023-11-04T04:18:16","slug":"corcel-shares-rise-after-angola-well-drilling-finds-hydrocarbons","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=9437","title":{"rendered":"Corcel Shares Rise After Angola Well Drilling Finds Hydrocarbons"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20231103-701554\" role=\"document\">\n<p>By Anthony O. Goriainoff<\/p>\n<pre><\/pre>\n<p>Shares in Corcel rose after the company said drilling results at Angola&#8217;s Tobias-13 well have shown the presence of hydrocarbons across several potentially productive zones.<\/p>\n<p>Shares at 0803 GMT were up 0.07 pence, or 12%, at 0.66 pence.<\/p>\n<div class=\"paywall\">\n<p>The London-listed oil and gas company said the well gave it a line of sight to near-term revenue generation, and that its testing program will give it invaluable data on how best to deliver on that goal. The well could form the basis of a future early production system and implies significant hydrocarbon potential remain, the Angola-focused company said.<\/p>\n<p>Corcel has a 20% working interest at the onshore block KON-11, where the well is located and operated by Sonangol.<\/p>\n<pre><\/pre>\n<p>Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/corcel-shares-rise-after-angola-well-drilling-finds-hydrocarbons-93f05447?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anthony O. Goriainoff Shares in Corcel rose after the company said drilling results at Angola&#8217;s Tobias-13 well have shown the presence&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-9437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investment"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corcel Shares Rise After Angola Well Drilling Finds Hydrocarbons | inFundPros<\/title>\n<meta name=\"description\" content=\"By Anthony O. 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