专注于安哥拉和巴西的泛能源公司 Corcel Plc 欣然宣布，运营商 Petroborn 脫leo e G谩s S​​A（“Petroborn”）报告称，EI-1 井修井已成功完成并取得初步成果，该公司持有收购 IRAI 油田 20% 初始权益的选择权，正如之前于 2024 年 11 月 18 日宣布的那样。

重点：

巴西 IRAI 油田的 EI-1 井修井确认天然气产量持续保持在 20,000 立方米/天（120 桶油当量/天 / 706 百万标准立方英尺），与历史产量一致
该井将在未来 7 天内投产，这加强了 Corcel 收购创收资产的战略
Corcel 在获得 IRAI 机会仅三个月后，在巴西就取得了第一个生产里程碑（如果决定行使选择权），这证明了该公司的快速执行能力和严谨的资本
战略Corcel 拥有对 IRAI 油田 80% 和相邻 TUC-T-172 区块 100% 的优先购买权 (ROFR)，已做好准备扩大其在具有低成本、高利润资产的成熟天然气产区的影响力·
与 Corcel 首席商务和战略官 Geraldine Geraldo 的视频采访：https://tinyurl.com/3jvfkysv

EI-1 井重新进入气区进行测试，在测试作业期间观察到的天然气产量为 20,000m3/天（120 BOEPD / 706 Mscf）。正如 2024 年 11 月 18 日宣布的那样，位于巴西巴伊亚州陆上的 EI-1 井的修井是双井修井计划的一部分，该公司通过其全资子公司 CRCL Brazil Ltd. 持有收购以下权益的选择权：i) IRAI 气田 20% 的权益、ii) 剩余 80% 的优先购买权（“ROFR”），以及 iii) 相邻 TUC-T-172 勘探区块（“IRAI 机会”）100% 的优先购买权，该区块也位于巴西陆上巴伊亚州。

Corcel 首席商务和战略官 Geraldine Geraldo 评论道：“我们于去年 11 月宣布了 IRAI 机会，为加快获取巴西生产机会的旅程铺平了道路。从签约到投产，我们在 3 个月内迈出了这一旅程的第一步，第一口井符合预期。这一成就凸显了我们在商业和运营方面精准执行的能力，同时在战略上确保了高质量的机会。现在，我们的重点是通过第二口修井和其他正在进行的研究进一步评估 IRAI 机会。如果我们决定在下一次修井结果和最终投资决定之后行使选择权，这将标志着 Corcel 的一个重要里程碑：天然气销售收入。我们感谢我们的运营合作伙伴 Petroborn，我们将继续致力于利用这一成功战略为公司在巴西建立强大的石油和天然气生产基地，同时降低我们在安哥拉的勘探风险。”

EI-1 井修井结果：

Petroborn 已完成巴西 IRAI 油田 EI-1 井的初步修井活动。 EI-1 井于 1963 年钻探，总深度为 576 米，当时被运营商暂时废弃。EI-1 随后于 2019 年重新进入，并在 417 米处对含气砂岩进行了测试，并在 2020 年至 2022 年期间投入使用 22 个月。在共生产出 19.8MMm3 天然气（120,000 桶油当量）后，该井因运营和商业原因被关闭。EI

-1 井现已重新进入，并在 417m 处的气区进行了测试并完成生产。在测试作业期间（2 次单独的测试，分别为 7 小时和 6.5 小时），运营商报告的天然气产量为 20,000m3/天（120 BOEPD/706 Mscf - 稳定速率）。这一产量与该井的历史产量表现相比，EI-1 在关闭前的最后 3 个月（2022 年 3 月至 5 月）平均每天生产 20,000 立方米。

运营商目前正在地面上建设天然气生产设施，并将 EI-1 井连接到 IRAI 现有的天然气生产基础设施。预计该井将在未来 7 天内投产，立即为 Petroborn 创造收入，随后如果 Corcel 行使选择权，也将创造收入。IRAI

资产概览：

IRAI 气田位于巴西萨尔瓦多西北约 110 公里的 Tucano Sul 盆地。IRAI 气田尤其具有吸引力，因为气藏较浅，整个气田区域的产气层深度从 220 米到 825 米不等。再加上该气田的天然气产量相对较高，EI-3 井的天然气产量峰值超过 40,000 立方米/天（250 桶油当量/天），这为公司提供了一个以低支出率大幅提高产量和创收的独特机会。IRAI 气田的气藏质量良好，平均净产层厚度为 13 米，孔隙率为 23%。

Corcel Plc, the pan Angola-Brazil focused energy company, is pleased to announce the successful completion and initial results of the EI-1 well workover as reported by the operator, Petroborn Óleo e Gás S.A. ("Petroborn"), in the IRAI field, where the Company holds an Option to acquire an initial 20% interest, as previously announced on 18th November 2024.

Highlights:

· EI-1 well workover in the IRAI field, Brazil, confirms sustained gas production at 20,000m³/day (120 BOEPD / 706 Mscf), aligning with historical production rates
· The well is set to be brought online within the next 7 days, reinforcing Corcel's strategy of acquiring cash-generating assets
· Corcel's first production milestone in Brazil (should it decide to exercise the Option), just three months after securing the IRAI opportunity, demonstrates the company's rapid execution capability and disciplined capital strategy
· With a Right-of-First-Refusal (ROFR) over 80% of the IRAI field and 100% of the adjacent TUC-T-172 block, Corcel has positioned itself to expand its presence in a proven gas-producing region with low-cost, high-margin assets
· Video interview with Corcel's Chief Commercial and Strategy Officer, Geraldine Geraldo: https://tinyurl.com/3jvfkysv

The EI-1 well was re-entered for testing at the gas zone, where a gas production rate of 20,000m3/day (120 BOEPD / 706 Mscf) was observed during testing operations. As announced on 18th November 2024, the workover of the EI-1 well, located onshore Brazil in the state of Bahia, is part of a two-well workover program where the Company, through its wholly-owned subsidiary CRCL Brazil Ltd., holds an option to acquire i) a 20% interest in the IRAI gas field, ii) a Right-of-First Refusal ("ROFR") over the remaining 80%, and iii) another ROFR for 100% of the adjacent TUC-T-172 exploration block ("IRAI Opportunity"), also located in the state of Bahia, onshore Brazil.

Geraldine Geraldo, Corcel's Chief Commercial and Strategy Officer, commented: "We announced the IRAI Opportunity in November last year to pave the way for an accelerated journey in acquiring producing opportunities in Brazil - in 3 months, from signing to production, we have delivered the first step in that journey, with the first well meeting expectations. This achievement highlights our ability to execute with precision both commercially and operationally, while strategically securing high-quality opportunities. Our focus now turns to further evaluating the IRAI opportunity through the second workover well and other ongoing studies. Should we decide to exercise the option following the results of the next workover and a final investment decision, this will mark a significant milestone for Corcel: revenue from gas sales. We thank our operational partner, Petroborn, and we remain committed to leveraging this successful strategy to build a robust oil and gas production base for the company in Brazil, while derisking our exploration upside in Angola."

EI-1 Well Workover Results:

Petroborn has completed the initial workover activities at the EI-1 well, in the IRAI field in Brazil. The EI-1 well was drilled in 1963 to a total depth of 576m and was temporarily abandoned by the operator at the time. EI-1 was then re-entered in 2019 and a gas bearing sandstone at 417m was tested and brought online for 22 months between 2020 and 2022. After producing a total of 19.8MMm3 of gas (120,000 barrels of oil equivalent) the well was shut-in for operational and commercial reasons.

The EI-1 well has now been re-entered again where the gas zone at 417m was tested and completed for production. During the testing operations (2 separate tests of 7 hours and 6.5 hours) a gas production rate of 20,000m3/day (120 BOEPD / 706 Mscf - at a stabilised rate) was reported by the operator. This rate compares to the historical production performance of the well where EI-1 produced an average of 20,000 m3/day in the last 3 months of production (March-May 2022) before it was shut-in.

The operator is now working on the above ground gas production facilities and to connect the EI-1 well to the existing gas production infrastructure at IRAI. It is expected that the well will be brought online within the next 7 days, immediately generating revenue to Petroborn, and subsequently to Corcel should it exercise the Option.

IRAI Asset Overview:

The IRAI gas field is located in the Tucano Sul Basin, about 110km NW of Salvador, Brazil. IRAI is particularly attractive due to the shallow nature of the gas reservoirs, with producing gas zones ranging in depth from 220-825m across the field area. This, combined with the relatively high gas production rates seen in the field, with the EI-3 well peaking at >40,000m3/day (250 BOEPD) of gas, provides the Company with a unique opportunity to materially increase production and revenue generation at low rates of expenditure. Gas reservoirs at IRAI are of good quality, with an average of 13m of net pay and 23% porosity.