0.88P

Building a Pan-Angolan/Brazilan Onshore Upstream Company

Oil and Gas

Key Facts

Global energy transition underway - however hydrocarbons remain an important element and battery metals fuel the energy transition
Angola/Brazil are prolific oil and gas producers with common geology, language and historic ties
Both countries have a significant onshore opportunity set at attractive valuations
Kwanza Basin licenses are Corcel’s initial platform aimed at first oil within twelve months

Overview

Multiple Brazillian opportunities under review alongside further consolidation in Angola
Preference for production and development, operator status and majority positions over time
Kwanza, Angola