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

2nd Jun 2023 19:20

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%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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