Corcel Plc · LSE:CRCL
Corcel — Investor Presentation (July 2026)
16 slides from Corcel's investor presentation, July 2026
Slide 1: Corcel Investor Presentation
Corcel Investor Presentation Upstream Oil and Gas INVESTOR JULY AIM: PRESENTATION 2026 CRCL
Slide 2: Disclaimer
DISCLAIMER | UPSTREAM OIL AND GAS Disclaimer Disclaimer This document has been prepared FORWARD-LOOKING STATEMENTS: This FINANCIAL PROJECTIONS: NPV10 PARTNERSHIP INTERESTS: Brite's Oil and Gas by Corcel PLC (AIM: CRCL) for document contains forward-looking calculations assume long-term Brent price o
Slide 3: The Team
THE TEAM | AIM:CRCL The Team The Team Deep Angola expertise, capital markets credibility & proven execution capability Executive Directors Scott Gilbert Geraldine Geraldo Chief Executive Officer Chief Commercial and Strategy Officer Scott Gilbert is Co-Founder Scott has built a successful Geraldine
Slide 4: The Team
THE TEAM | AIM:CRCL The Team The Team Experienced Team In Focus Jurisdictions Executives Richard Lane Leandro Schujmann Chief Operating Officer Chief Financial Officer Richard Lane is an experienced Richard most recently served as Chief Leandro Schujmann is a seasoned Over a decade-long tenure, he p
Slide 5: The Board
THE BOARD | AIM:CRCL Non-Executive Directors The Board Pradeep Kabra Independent Non-Executive Chairman Andrew Fairclough Independent Non-Executive Director Pradeep Kabra is a seasoned oil Earlier in his career, he held senior roles Andrew joined the board of Andrew is currently Chief Executive Dire
Slide 6: Company Overview
PORTFOLIO OVERVIEW | AIM:CRCL Company Overview Company Profile Strategy Corcel PLC (AIM: CRCL) is a London-listed Onshore Operator (currently KON 16) upstream oil & gas exploration company with operated and non-operated interests Take material WI, de-risk technically, and farm across three licence b
Slide 7: Delivering Tangible Value: Key Milestones to License Signing & Beyond
OPERATIONAL MILESTONES | AIM:CRCL Delivering Tangible Value: Key Milestones to License Signing & Beyond Value Delivered Last 12 Months £3.6M Invested into £11.0M Invested into 85% KON-16 Working 326 Lkm 2D Corcel in 2026 Corcel in 2025 Interest Secured Seismic Acquisition Complete — KON-16 Existing
Slide 8: Oil & Gas
Oil & Gas Upstream Oil and Gas INVESTOR JULY AIM: PRESENTATION 2026 CRCL
Slide 9: Kwanza Basin – Untapped Onshore Potential
KWANZA BASIN | AIM:CRCL Kwanza Basin – Untapped Onshore Potential 25,000 km² | First discovery 1955 | Last exploration well 1978 | >400 MMbbl discovered POST-SALT PLAY (~1,000m-2,500m) Kwanza Basin – Key Facts Salt-induced anticlinal structures with fractured Binga Basin Area 25,000 km², onshore Ang
Slide 10: Delivering Tangible Value: High Impact Exploration and Brownfield Redevelopment
OPERATIONAL MILESTONES | AIM:CRCL Delivering Tangible Value: High Impact Exploration and Brownfield Redevelopment Delivering Tangible Value: High Impact Exploration and Brownfield Redevelopment Kwanza Basin Licenses Corporate Goal KON-16 Close 1st Production Deal —Q4 2026 Secure cash-flow to accelera
Slide 11: KON-16 Highlights
BLOCK KON-16 SNAPSHOT | Investment Highlights KON-16 Highlights 709 MMbbl – Gross PMean Prospective / Recoverable Resources 85% | 71.5% – Corcel Working Interest | Corcel Net Interest High Impact Drilling H1 2027 Shallow Post-Salt and Deeper Pre-Salt Targets INVESTOR JULY 11 03 PRESENTATION 2026
Slide 12: KON-16: 326-Line km 2D Seismic — Completed
KON-16 | AIM:CRCL KON-16: 326-Line km 2D Seismic —Completed Acquisition concluded Feb 2026 | Excellent quality data | Processing underway throughout Q2 Q2 Q3 Dec 25- H1 H2 2023 2024 2025 2025 Feb 26 2026 2027 2027 Licence eFTG Sintana Seismic 326 line Processing FIRST SECOND Award Survey 5% Entry Co
Slide 13: Delivering Tangible Value at Key Capital and Operational Milestones
Delivering Tangible Value at Key Capital and Operational Milestones | AIM:CRCL Delivering Tangible Value at Key Capital and Operational Milestones Potential Farm-out Strategy The seismic is done. The investment decision is now supported by the best dataset KON-16 has ever had. Farm-in NOW captures m
Slide 14: Angola: World-Class Hydrocarbon Province
OIL & GAS | AIM:CRCL Angola: World-Class Hydrocarbon Province Africa’s 2 nd largest oil producer | Proven reserves | Resurgent onshore investment Angola at a Glance ~1.1 MMbpd 2025 crude production 2nd Largest Sub-Saharan African oil producer 30% of GDP Oil sector contribution 4.4% 2024 non-oil GDP
Slide 15: Angola: World-Class Hydrocarbon Province
OPERATIONAL MILESTONES | AIM:CRCL Angola: World-Class Hydrocarbon Province Africa’s 2 nd largest oil producer | Proven reserves | Resurgent onshore investment Offshore Success – Pre-salt Proven Analog Angola's offshore Kwanza Basin hosts world-class pre-salt discoveries. TotalEnergies' Kaminho proje
Slide 16: Thank you
Thank you Contact: London Office Luanda Office Corcel Plc Galaxia Building 111 Park Street, Largo Amilcar Cabral London, Office 72, 7th Floor W1K 7JF, UK Luanda, Angola [email protected] INVESTOR JUNE AIM: PRESENTATION 2026 CRCL