Chariot Share Discussion Threads

[david brent] 24/5/2013 09:20

what is the next 'local' drill we can look forward to now that wingat is out of the way?

[invisage] 24/5/2013 09:06

Ando

What is your year end target for the ftse?

thanks

[andonis] 24/5/2013 08:17

ftse will try to hit back up the broken support.

[andonis] 24/5/2013 07:59

I would like to see ftse hitting 6953. But....time will tell

[hedgebetter] 23/5/2013 18:49

Good summary. Lots of activity coming....in most of our key regions and license areas. Now throw in the occasional farm-out and directors dealings and happy days. Come on HRT find that mega ginormous elephant oil field...

[belisce6] 23/5/2013 15:31

in the meantime... CHAR during 2013...

NAMIBIA;
Northern block farmout has proceeded... hoping to drill in 2014
Central block farmout will proceed Q3 2013, or after HRT 2nd drill... hoping to drill in 2014

MAURITANIA;
3D seismic to be interpreted by Nov2013,
and resource results announced early 2014, followed by farmout process...
however potential for farmout agreement well before then...

MOROCCO;
2D seismic...

BRAZIL;
buying the portable toilets so that the workers can have somewhere to poo :-)

[belisce6] 23/5/2013 15:27

i can see y someone has been posting 3quid by xmas 2013 and some massive amount by xmas 2014 :-))

[belisce6] 23/5/2013 15:26

quick summary of current-2013 ongoing third party work...

NAMIBIA;
HRT 1st well (central Namibia)= oil shows but not commercial at Wingat prospect, de-risking entire region as it showed there is oil present...
HRT 2nd well(central Namibia)= drillspud Murombe prospect early june, finish probably near end july, so earliest results somewhere in early august... (my interp)
HRT 3rd well(southern Namibia)= to be completed after Murombe well.
REPSOL/TRP(northern Namibia)= H1 2014, drillspud Delta prospect
(which is perhaps the largest prospect in the region...)

*central, southern, northern obviously refers to offshore basins...

MAURITANIA;
TULLOW 4-well exploration program to commence in July2013
(according to Interim Management Statement in May2013)
Info=4 out of 6 wells drilled so far in the region have discovered hydrocarbons (according to Dana website)

MOROCCO;
CAIRN drill program beginning H2 2013 (according to Interim Management Statement in May2013), 1 well over Cap Juby prospect, and 1 or 2 over Foum Draa prospect (according to May 2013 presentation)

[belisce6] 23/5/2013 12:26

w-g... ur a crackpot...

[wild_goose] 23/5/2013 11:26

How's it going guys.

Looks like the share named CHAR, will go into hibernation again.

Larry and BP, with the help of the City Boys, have done an exe lent job in the last 4 to 5 weeks.

There was a risk that a rouge Hedgggie would have a go.
The window of opportunity existed, when HRT tanked on the duster, and webmade a lot of money.

Anyway, CHAR is secure in it's share price position.

[fraserdean] 23/5/2013 10:19

Never been into Namibia, too risky for me. But been watching and listened to the HRT call last night and I have to say I'm tempted. Murombe looks to be the least risky well so far. Very tempted.

[lanaken] 23/5/2013 09:10

'Several hundred metres' not 200m oil source rock as Jimmy says!!;-)

[hedgebetter] 23/5/2013 08:53

Make that small time nutter.

[hedgebetter] 23/5/2013 08:53

Nobody cares whether you are in or out Wild Guess. You are a big time nut job.