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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Chariot Oil Share Chat (CHAR)



Share Price: 10.125Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Chariot Oil
Spread: 0.00Spread as %: 0.00%Open: 10.00High: 0.00Low: 0.00Yesterday’s Close: 10.125


Share Discussion for Chariot Oil


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Wheep0
Posts: 777
Off Topic
Opinion:No Opinion
Price:10.125
March.
Today 03:52
Contact at Woodside advises me their partnered Morrocon play will spud January ..
What relevance that has to us... who knows..
 
Wheep0
Posts: 777
Off Topic
Opinion:No Opinion
Price:10.125
RE: BouncyDeadCat
Today 03:40
Love it when so called positive long ,share holding posters post 4 x the content reasons why things are bad , risky, unproven , unfounded and wish others a chance to get in at much lower prices .
To use ONEs best lines.... you couldn't make it up..
Smoke and mirrors abound...
workover
Posts: 338
Off Topic
Opinion:No Opinion
Price:10.125
RE: Looks like...
Today 00:58
Jinx I know it's difficult for you to understand or accept someone actually showing respect and appreciation for someone's posting on the chariot forum but don't be too alarmed. It's actually normal. Chariots Forum doesn't have to be like an old gentleman's club full of egos and backbiting. They can be a calm & pleasant place where like minded people exchange their thoughts & ideas. Cheers
workover
Posts: 338
Off Topic
Opinion:No Opinion
Price:10.125
RE: Looks like...
Today 00:48
Mr jinx do us all a favour and keep quiet please if you have nothing useful to say. Cheers
BouncyDeadCat
Posts: 3,530
Off Topic
Opinion:No Opinion
Price:10.125
RE: BouncyDeadCat
Mon 22:38
True. Just like news of a new Morrocan licence isn't going to send the share price into a higher trading range.
FQ320MR
Posts: 4,487
Premium Chat Member
Observation
Opinion:No Opinion
Price:10.125
RE: New Morroco Licence
Mon 21:52
Cat - Couldn't agree more, there has always been two way of observing Chariot - I'll keep my feet on the floor here as always

MR
Oiltap
Posts: 1,945
Off Topic
Opinion:No Opinion
Price:10.125
RE: BouncyDeadCat
Mon 21:45
No chart will pick up a left field farmout in advance. Chariot is extremely tight on news unlike 4 years ago. The reasons for purchasing the additional Moroccan acreage would be sensible and strategic.
BouncyDeadCat
Posts: 3,530
Off Topic
Opinion:No Opinion
Price:10.125
RE: BouncyDeadCat
Mon 21:08
Oiltap - Share Price Technical data.
Not Seismic data.
BouncyDeadCat
Posts: 3,530
Off Topic
Opinion:No Opinion
Price:10.125
RE: New Morroco Licence
Mon 21:06
There's no emotion Oiltap. I explained what I think the strategy behind the new licence is (risking up - yes, with seismic data in hand as I stated).

As for your analysis, you are filling in way too many unknowns with if/whats/maybes. Like the rest of us, you know no more about Chariot's prospects than is publicly available. At the moment, we have committed to more costs and like I said, this may well prove to be a very shrewd move, but it's all based on the success case of the JP-1 spud in Rabat Deep and the corresponding data that yields.

I remember reading similar arguments about Nimrod - Being told 'management know this and that' and they have seismic data showing a 4 way dip closure with a significant amplitude anomaly - there must be oil! Yet it was a worthless dry hole and the share price plummeted.

All I'm saying is it's high risk taking on neighbouring acreage until we strike and prove oil in Rabat Deep. I believe that is rational.
Oiltap
Posts: 1,945
Off Topic
Opinion:No Opinion
Price:10.125
RE: BouncyDeadCat
Mon 21:00
The Chariot management saw the the technical data which prompted them to make the decision to obtain the new acreage. None of us did.




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