Corcel (CRCL LN) - KON-16 2D seismic complete - Corporate

Corcel has announced completion of its 326-line km seismic programme on KON-16 in Angola, helping underpin prospect maturation and a planned farm out process, preparatory to exploration drilling.

AUCTUS ON FRIDAY - 13.02.2026

AUCTUS PUBLICATIONS ________________________________________ Criterium Energy (CEQ CN)C; Target price of C$0.35 per share: First Gas in 2Q26 with a Likely Upgrade to Discovered Gas Resources – The contract for the construction of a new 21 km gas pipeline (previously 14 km) for the SE‑MGH 5–7 mmcf/d development was signed in early January. Site preparation is already underway, with first gas expected in 2Q26. Project capex is now estimated at US$2 mm (vs. prior guidance of US$2–3 mm), of which US...

Criterium Energy Ltd (TSX-V: CEQ): First Gas in 2Q26 with a Likely Upg...

• The contract for the construction of a new 21 km gas pipeline (previously 14 km) for the SE‑MGH 5–7 mmcf/d development was signed in early January. Site preparation is already underway, with first gas expected in 2Q26. • Project capex is now estimated at US$2 mm (vs. prior guidance of US$2–3 mm), of which US$1.9 mm has already been incurred. The subsequent North MGH phase—requiring ~US$1 mm of incremental capex—would lift total production to 7–10 mmcf/d. • The company has agreed key commercial...

AUCTUS ON FRIDAY - 02.06.2026

AUCTUS PUBLICATIONS ________________________________________ ADX Energy Exploration (ADX AU)C; Target price of A$0.20 per share: Momentum accelerating. Potential resources increase in Austria – The Welchau‑1 well is scheduled for re‑entry in February to test the Reifling reservoir. An acid stimulation will be performed on the perforated interval to address wellbore damage and improve productivity in the carbonate section. The operation should also yield additional insight into the deeper Welchau...

Energy Morning - 4 February 2026

What's not to like?

Energy Morning - 3 February 2026

Q4 as expected - strong 2027 guidance

AUCTUS ON FRIDAY - 30.01.2026

AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.40 per share: High production on low decline at Mateguafa – The M-8 well has been brought onstream in the C9 formation (30 ft of oil pay) at 230 bbl/d gross (115 bbl/d net) on a 28/128 choke with 78% water cut. The three C7 intervals did not flow commercial hydrocarbons. The well also encountered 12 ft of net pay in the Gacheta. Although M‑8 is the smallest contributor to field output,...

Hybridan Small Cap Feast: 28 January 2026

28th January 2026 @HybridanLLP Our daily digest of news from UK Small Caps * A corporate client of Hybridan LLP. ** Potential means Intention to Float (ITF) or similar announcement has been made. ***Arranged by type of listing and date of announcement. ****Alphabetically arranged and priced on Share Price and Market Capitalisation during the time of writing on the day of Publication. Dish of the Day Admissions: Following a Reverse Tak...

Arrow Exploration (AXL LN) - M-8 well result - BUY

Arrow has announced the results of the M-8 well on its Mateguafa Attic discovery, adding further to company production as the drilling programme continues.

Discovers more oil/gas on Brage: value NOK 0.4-1.5/share

Arrow Exploration Corp. (AIM: AXL): High production on low decline at ...

• The M-8 well has been brought onstream in the C9 formation (30 ft of oil pay) at 230 bbl/d gross (115 bbl/d net) on a 28/128 choke with 78% water cut. The three C7 intervals did not flow commercial hydrocarbons. The well also encountered 12 ft of net pay in the Gacheta. Although M‑8 is the smallest contributor to field output, it was drilled as a step out the north where it has extended the field with additional drilling opportunities.. • Mateguafa production remains robust, with lower‑than‑ex...

Energy Morning - 27 January 2026

NCS licensing round: fewer players, but high activity

AUCTUS ON FRIDAY - 09.01.2026

AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.60 per share: Accelerating drilling following C$13.65 mm financing – Following the closing of the C$13.65 mm convertible financing, Condor plans to accelerate its Uzbekistan drilling programme by deploying a second rig, enabling the drilling of 12 new wells in 2026. This programme has the potential to lift gross production to 18–20 mboe/d by YE26 and materially increase reserves. The C$13....

Crude Quarterly Q4'25: tough H1, hope for higher prices in H2

Estimate changes from Crude Quarterly

Zephyr Energy Plc (AIM: ZPHR): Reaching key agreement with Enbridge

• Zephyr has entered into a framework agreement with Enbridge to allow for interconnect services from Zephyr’s Powerline Road Gas Plant into Enbridge’s 16” pipeline, with ultimate access to the Williams Northwest Pipeline and enabling sales into the broader Western U.S. gas market. • This represents a major de‑risking milestone, as securing a tie‑in agreement was the key uncertainty affecting the timeline for first gas from the Paradox project. • We maintain our expectation of first gas in 2026...

Corcel (CRCL LN) - Full year 2025 results - Corporate

Corcel has released its full year results to the end of June 2025, updating on the company’s onshore Angola seismic programme, where activities are continuing to ramp up.