Chariot Share Discussion Threads

[elan_1] 13/11/2019 08:18

Very quiet start to the day,lets see if those 100k buys appear again :-)

[elan_1] 12/11/2019 16:29

Char has had a day of decent volume and consolidation so we may see the mm,s smack the donkey quite soon IMO

[grannyboy] 12/11/2019 16:19

It's obvious the period for making money in shares these days is prior to any drilling and only on speculation and mm shenanigans ... Along with the fickle 'investors' brought in on any fundraise, to only then sell out on a small percentage rise, on a whim ...

As an example look at the response from the market to RBD, and UJO received after giving out ...

'Upgraded volumes for the West Newton A-2 well .. Base case Liquids 146.4 mmbbls, Oil Initially In Place(OIIP, .. Gas 211.5BCF.(OIIP) ... Upside Case, Liquids 283mmbbls(OIIP),. Gas 266BCF(GIIP) ...

This onshore hydrocarbon find is being talked of the biggest in 50years, if not the biggest UK find ... And the response has been abysmal..

[allesandro] 12/11/2019 15:31

Babbler,yes we are holding firm ready for a move soon IMO and poss some newsflow.

[babbler] 12/11/2019 14:45

Nice day again

[kaffco] 12/11/2019 13:32

elan

Have been some chunky sells here today or are they buys from earlier put through to look like sells? games are afoot.

[divmad] 12/11/2019 11:59

Something's happening.

[allesandro] 12/11/2019 10:57

grant avish,thanks for letting us know but please in future check things out before just posting a random wild tweet.Twitter can be a good source of info but can also be a very dodgy place too where wild claims are made.Genel could well be interested but it is pure speculation nothing more nothing less.

[grant avish] 12/11/2019 10:45

Probably just usual twitter ramping guys

[m5] 12/11/2019 10:09

Do we have news approaching or is it hot air? I am tempted to top up

[888icb] 12/11/2019 10:04

29 trades have taken the volume close to 1 million and we are UP 9.5% so a positive start to the day.

[elan_1] 12/11/2019 09:55

There was a quick flurry of AT buys then no stock available and now back to normal again,strange open today!

[divmad] 12/11/2019 09:05

Decent volume first thing, and bid moving up.

[elan_1] 12/11/2019 08:57

Is an RNS out cannot get a buy quote :-(

[allesandro] 12/11/2019 08:44

grant avish,any chance of a link or a follow? if true very interesting as Genel have the sidi moussa licence there already if memory serves.

[elan_1] 12/11/2019 08:04

Grant where did you get this ?

[grant avish] 12/11/2019 07:54

Interesting tweet earlier but obviously only a rumour.

[eddie jackson] 12/11/2019 00:02

I will be coming aboard here tomorrow guys :>)

[allesandro] 11/11/2019 23:35

kaffco,i dont know if you have seen this? this was in MWN and i post because sometimes its useful to get a quick summary on the discovery.2 TCF is a very nice resource and of strategic importance to the country and equates to 356 Million barrels of oil by standard industry conversion.


Morocco World News - Sep 19, 2019


"Chariot Oil & Gas has made new gas discoveries in its ‘Lixus’ Offshore License in the Mohammedia-Kenitra region.

In the Competent Persons Report on Additional Prospects, published on September 18 by Netherland Sewell & Associates Inc. (NSAI), the company stated that the research carried out on five gas wells proved conclusive. Research revealed a strong gas exploitation potential.

NSAI tests, conducted on behalf of Chariot Oil & Gas, affirmed the potential of the “Anchois Discovery” and “Anchois Satellite” wells, as well as five other wells, which far exceed the British company’s expectations.

According to the report, these gas resources “contribute towards an audited total remaining recoverable resource in excess of 2 Trillion Cubic Feet (Tcf).”

Chariot Oil & Gas CEO, Larry Bottomley, said in the report, “the combination of the Anchois Discovery, the Anchois Satellite prospects, and these five Additional Prospects defines a strategically significant resource.”

Bottomley stressed how important it is in a “fast-growing energy market with high gas prices and a need for increased supply.”

The report also indicates that a third-party analysis of the Moroccan gas market “demonstrated a growing demand for energy with attractive domestic gas prices which, in combination with excellent commercial contract terms, underpins a commercially attractive project.”

“The Anchois Discovery offers the potential for a material, high-value project that is likely to be of strategic importance,” the report added."

[kaffco] 11/11/2019 22:05

Nice one allesandro very useful.

[allesandro] 11/11/2019 21:54

Map added into main bb intro for easy reference - by request

[allesandro] 11/11/2019 21:39

Will be shortly adding a useful map of the Lixus block.

[kaffco] 11/11/2019 19:28

You will tell me next you wear a fez elan lol :-) to go with the sofa!

[allesandro] 11/11/2019 17:53

elan1,ditto to both of those,one of these days ahead we are going to get a stonking Rns i can just sense it and chariot will be getting alot of attention.We have a nice clear bull candle at close today for the chartists out there too.