Chariot Share Discussion Threads

[belisce6] 22/5/2013 21:32

w-g... ur a crackpot..

[wild_goose] 22/5/2013 20:16

Not looking good guys,

I am in at 22p, and we find there are least 3 source rock structures, 2 Fromm the HRT dril, and 1 from the Nimrod drill, which is still to be reported to the shareholders.

The problem is the oil shows on the surface of the sea (Atlantic Ocean).

This has been going on for millions, of years, and the hydrocarbons have not been trapped.

I fear Geramaco was correct, they are ideots,going for reservoirs, which do not have closure, silly because they LOOK big.

[wild_goose] 22/5/2013 20:07

CHAR, the sleeping GIANT.

No, Rip Van Winkle.

[wild_goose] 22/5/2013 20:04

Ps, Larry does not have any money.

He does not need it, because, he has been told to do nothing.

[royalalbert] 22/5/2013 16:02

What's a squre?

[ronan7] 22/5/2013 15:47

im more round than squre

[hedgebetter] 22/5/2013 15:43

Conference Call - Wingat...be there or be square...

[belisce6] 22/5/2013 14:35

the region has been somewhat re-risked, cos there are oil shows albeit not at commercial levels within hrt well but no mention of gas, and potential for others ground to have commercial quantities... anyway, now onto murombe prospect :-)) early to mid-august is earliest for results on that one i believe...

[phoenix1234] 22/5/2013 13:38

Recovery Seen While 20p Zone Holds

[hedgebetter] 22/5/2013 11:45

You are welcome. And no worries..!

[epiphany99] 22/5/2013 09:37

(sorry for being lazy as well!)

[epiphany99] 22/5/2013 09:37

superb thank you Hedgebetter

[hedgebetter] 22/5/2013 09:24

Epiphany - - pretty much everything you need to know/

[ronan7] 22/5/2013 08:00

see hrt website and press American flag for English versiion

[epiphany99] 22/5/2013 07:42

Hi

I'm not a holder, but have watched this in the past

Could someone please post me some links to what happened with HRT

Thank you

[wild_goose] 22/5/2013 07:32

Playing out as planned.

Pushes everything to the right by a year.

Larry/BP, have even got the Nam Gov playing the game.

[ronan7] 22/5/2013 07:06

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today announces that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2312 A & B and Northern halves of 2412 A & B), offshore Namibia. These licences are operated by Chariot's wholly owned subsidiary, Enigma Oil & Gas Exploration (Pty) Limited,which holds 90% equity and is partnered with AziNam Ltd. which holds the remaining 10% equity. This extension means that the current phase will now run to 31 August 2014.

Chariot has identified prospects within both the shallower and deeper petroleum systems and will be looking to open a data room on the Central Area during Q3 this year. There will be a focus on the shallower petroleum system, which contains attribute-supported prospects but recent third party results have de-risked the deeper petroleum system and the prospect portfolio identified here.

This recent drilling of the Wingat-1 well was undertaken in the Walvis Basin, approximately 70km from Chariot's Blocks, and the results have been encouraging for their prospectivity. The well reportedly encountered two oil generating source rocks and samples recovered good quality, light oil. Further third party drilling in the region, to be undertaken in the near future, will also help inform Chariot's prospect selection and the Company will look to secure a partner with the aim of drilling a well in 2014 on completion of the farm-out process.

Larry Bottomley, CEO commented:

"I would like to thank the Ministry for granting us this licence extension. This will enable us to integrate our data with the information resulting from this third party activity as we seek to select the best prospects for drilling and subsequently partner with the optimum information to hand

[ronan7] 22/5/2013 07:04

good news this am

data room/farm in/go for it next year

[lufc1992] 21/5/2013 20:50

Y dont u buy hrt if u think there result is so good. Genuine question from a long term holder of gbp and char

[hedgebetter] 21/5/2013 20:06

'surprise that HRT are going straight into the next well.' - HRT confident

'HRT has tanked, on the news of the "duster"'. - HRT-11 Amazon not Namibia driven


'The result was known at least 1 week before the RNS to let people make money.' - highly likely the hedge fund traders with a load of capital behind them.

'CHAR share price has been disconnected from the HRT result' - because Namibian acreage was valued at zero. The market is starting to see value in that acreage. Had HRT not found OIL then HRT would have dropped by more because of the bleating sheep.