Chariot Share Discussion Threads

[crosswire] 18/5/2013 17:38

The Namibian coast is consisted of four continental sedimentary basins – Namibe, Walvis, Lüderitz and Orange. All of them are considered frontier areas, that is to say, little-explored areas on hydrocarbon accumulations, thus with potential for large oil and natural gas accumulations.

The studies made by HRT`s specialists indicate that Namibia is a Brazil-conjugate margin in the South Atlantic since they share a common geological history. Through the acquisition of assets in the African country, the company became to be the major holder of offshore areas under concession, with 12 exploration blocks covering an extension of 68.800 km2, being the operator of 10 of them. In these assets, the consulting firm D&M estimates that the company has 6.9 billion BOE in net risked prospective resources.

The largest 3D seismic survey ever performed in the West African coast has been conducted by HRT. Such survey covers approximately 10 thousand km² in prospects previously mapped in 2D seismic. The geological and geophysical investigations have been increasing the expectations concerning the Namibia`s potential. In seven prospects mapped by the company`s specialists, they estimate 28.5 billion BOE in P(10) unrisked prospective resources.


The Namibian coast is consisted of four continental sedimentary basins – Namibe, Walvis, Lüderitz and Orange. All of them are considered frontier areas, that is to say, little-explored areas on hydrocarbon accumulations, thus with potential for large oil and natural gas accumulations.

The studies made by HRT`s specialists indicate that Namibia is a Brazil-conjugate margin in the South Atlantic since they share a common geological history. Through the acquisition of assets in the African country, the company became to be the major holder of offshore areas under concession, with 12 exploration blocks covering an extension of 68.800 km2, being the operator of 10 of them. In these assets, the consulting firm D&M estimates that the company has 6.9 billion BOE in net risked prospective resources.

The largest 3D seismic survey ever performed in the West African coast has been conducted by HRT. Such survey covers approximately 10 thousand km² in prospects previously mapped in 2D seismic. The geological and geophysical investigations have been increasing the expectations concerning the Namibia`s potential. In seven prospects mapped by the company`s specialists, they estimate 28.5 billion BOE in P(10) unrisked prospective resources.

[hedgebetter] 18/5/2013 10:30

I am actually looking forward to the coming week. HRT took a pounding - but they spent the money right! We will get some - and increasingly more - information that informs CHAR and other Oiler drilling in the region. I hope JIA on iii is near the mark - possible Oil rim, condensates + Gas ...we shall soon see. GLA shareholders. Tullow kicks off in Mauritania in July.

[wild_goose] 18/5/2013 09:29

Yea, and you post at 2 in the morning.

[savamu] 18/5/2013 02:16

Wtf, surely this WG has nothing else to do....

[moneymunch] 17/5/2013 23:04

How much oil???? Energulf's acerage.....

Block 1711, Offshore Namibia: EnerGulf continues to search for qualified potential participants and make data room presentations for Block 1711 as the Government of Namibia works to restructure the interests in the block by seeking a new majority participant. A prospective resource report for Block 1711 was prepared covering four prospects and nine leads. The report includes a mean estimate of 3,166,000,000 barrels of potentially recoverable oil. The report was prepared by independent oil and natural gas reservoir engineers Netherland Sewell and Associates Inc. of Dallas, Texas, and is available on SEDAR and the EnerGulf website. EnerGulf currently has a 15% working interest in Block 1711. The next proposed work program calls for a 3D seismic program in the southern part of the block with a follow up well.

[triples] 17/5/2013 22:20

Please just filter WG - do not respond to him or engage with him....ta

[ronan7] 17/5/2013 20:46

wildy

hrt spike


hello

[ronan7] 17/5/2013 15:54

mad last 1/2 hr?

not had one for a while

[ronan7] 17/5/2013 15:50

something keeping the price up today

[hedgebetter] 17/5/2013 15:45

This one is for you WG - you will really LOVE the second paragraph by Jambo.

[hedgebetter] 17/5/2013 12:59

- lots of new people interested in this puppy every single day - just a matter of when not if. At no cost to Chariot the drill results will add one more very useful piece to the puzzle.

just for you Wild Guess since you think this is Larry's site...really?

[andonis] 17/5/2013 12:19

thanx melfaraj. Hope to c you again.

[ronan7] 17/5/2013 11:28

wildy

you have me wrong , I can`t even spell roelastic

[wild_goose] 17/5/2013 11:11

r7,

At least there is one poster on here who has realistic expectations.

[ronan7] 17/5/2013 09:07

wildy ...it tells us that the drilling is unlikely to find the black stuff

many more holes in the sea bed to come in next months...we only need 1 hit to

wooosssssshhhhhhhhhhh

[shakudomaster] 17/5/2013 09:02

Wg. No. What it dosnt need is you.

[wild_goose] 17/5/2013 08:39

Anyway, what is the continuous fall in the HRT share price telling us.

[wild_goose] 17/5/2013 08:37

shakudomaster,

This BB needs a bit of balance, at the moment is "rampers central".


PS, your post rude and bordered on crude. Can we keep the discussion civil please, thanks.

[kiwimonk] 17/5/2013 07:50

shouldnt there be an IQlevel in double figures before you can post on these boards? lol

[wild_goose] 17/5/2013 07:19

HRT, down an other 6%.