Chariot Share Discussion Threads

[vwnige] 23/7/2013 11:27

It will be interesting to see which way this goes over the next few days, we havent made any new lows so that can be seen as a positive...

[wild_goose] 22/7/2013 20:16

Sad to say, but Larry has set us up for 10p.

This is when CHAR will run out of money and we will hold a placing.

Guess who will buy us up for 5p a share.

We used to trade at 400p on our prospects,

Hold the thought.

CEObob, has lost it.

[wild_goose] 22/7/2013 20:12

Depends if they move the well location and depth.


----

If you are invested in the small oil cos here, you must sell.

The majors will win here.

The game is rigged.

[wild_goose] 22/7/2013 20:10

Whats happening guys.

All these drills in Nammibia, and they are all dusters.

Oh well, I think the next one will have oil, ...

[fairenough11] 22/7/2013 09:53

iii-cheers

08:26
New 3rd quarter fact sheet
Tarles
1UP
The new fact sheet is dated 15 July 13 but was only issued this morning! Maybe waiting for HRT's result.

• Partnering Northern Area initiated
• Partnering Central blocks 3Q
• Approaches on Mauritania and Morocco

Major share holders as of June 30th 13 shows no change.


hxxp://www.chariotoilandgas.com/files/5913/7396/4392/15_07_13_CHAR_factsheet.pdf

So from now until September lets hope we see a new partner for the Central blocks.

All the best all.

T

[fairenough11] 22/7/2013 09:51

jimmy--iii--Re Namibian drilling

09:44
Namibian Oil Exploration
jimmy24
One of the problems in recent oil exploration drilling has been that certain Direct Hydrocarbon Indicators in the seismic using conventional analysis have obvioisly not worked, such as the Nimrod well and the recent Murombe well.In both cases the reservoirs did not have porosity.
In part this has been because of the lack nearby wells to be used as a control in seismic processing and interpretation. Another reason could be the presence of volancic sediments, which are believed to be a problem at Kudu.

This problem can be addressed using wells that have just been drilled for control purposes, but also using a technique called Controlled Source Electro Magnetics to better interpret the seismic.

This is described very well at:
hxxp://c203624.r24.cf1.rackcdn.com/richardcooper.pdf



One of the experts in this area is a USA based company called RSI (Rock Solid Images) and amazingly they already have experience of doing this in Namibia,
see:
hxxp://rocksolidimages.com/experience-africa.html

The ingredients for giant oil discoveries in Namibia remain in place, proven oil source rocks, giant geological structures shown in huge amounts of 3D seismic, now where are the good reservoirs with oil in them.

Question, who did the work in Namibia, most likely Tullow for the Kudu field but it looks like a second client also.Who.

The techniques are available to find the oil.

Jimmy

[fairenough11] 22/7/2013 09:43

JIMMY--iii



09:19
Brazil
jimmy24
Now that Chariot are holders of acreage in Brazil, some might be interested in the potential we have over there, review of selected discoveries.

see:
hxxp://www.anp.gov.br/SITE/acao/download/?id=39137

Jimmy

[fairenough11] 22/7/2013 09:39

Source rock again so just a matter of finding where he Oil has migrated to.

Not that bad for CHAR at NIL COST.MORE DATA!

[ronan7] 22/7/2013 08:02

fair volume this am

shame a lot negative

[andonis] 21/7/2013 14:25

yes things dont go in straight lines...by mid august we will see the trend...

[invisage] 21/7/2013 13:59

Ando

Why are you shorting from this friday? You said the top will be in August



andonis 24 Jun'13 - 11:08 - 7853 of 7895 0 0
For those who asked me before, about the markets, the markets will top on 14th August 2013 at a price of about 16250

[andonis] 21/7/2013 13:46

Looks like it may bounce

[invisage] 21/7/2013 13:39

Ando

What do you think of the following chart :



This is the mining sector chart.

[andonis] 21/7/2013 13:38

Invi yes it is possible 7k we will see.....6800 is in my opinion very probable, more than probable

[andonis] 21/7/2013 13:25

I will be shorting nicely from this Friday.

[hedgebetter] 21/7/2013 12:06

Yes Nige - I reckon we will get two successive results for Namibia then Mauritania (and that is without all the other stuff in Mauritania and Morocco going on later in the year). HRT have spent a lot of money - but they do have something to show for it. They found oil - on the first drill and they have proprietary information. I think PI's overreact all the time - the calm Pro's will have taken some good information from Murombe and Wingat and will be thinking that a giant field like in Angola (next door) is around the corner. They are not betting their holiday or beer money :-) and so will be more calm about the whole Namibia road show and the processes that accompany farm-in's and data rooms, and their time-horizon rather than PIs' time horizons.

[invisage] 21/7/2013 08:41

andonis - 11 May 2013 - 15:45:29 - 214978 of 226392
ftse 7k is a must

andonis - 10 May 2013 - 10:01:37 - 7776 of 7932
FTSE to reach 7000. This is not debatable it is necessary and it is coming.




Do you still think that is possible over the next few weeks ando ?