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Chariot Oil Share Chat (CHAR)



Share Price: 14.75Bid: 14.50Ask: 15.00Change: 0.00 (0.00%)No Movement on Chariot Oil
Spread: 0.50Spread as %: 3.45%Open: 14.50High: 14.50Low: 14.50Yesterday’s Close: 14.75


Share Discussion for Chariot Oil


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DrillaHill
Posts: 291
Off Topic
Opinion:No Opinion
Price:14.50
RE: Central Blocks Namibia
Thu 16:04
well - partnering process ongoing in both regions - any farmout should do our SP good and potentially increase our cash position or give us a carry on another drill . Would make sense to recoup seismic costs on K&M prior to drilling the correlated RD-1 well. But I agree - to drill "S" with Exxon Mobil in Namibia would be fantastic news.
 
Daywalker66
Posts: 121
Off Topic
Opinion:No Opinion
Price:14.50
RE: Central Blocks Namibia
Thu 15:36
The neighbouring Moroccan licences will be correlated to the RD1 outcome.

From a de-risk perspective it would make much more sense to secure a second drill in an independent region.
DrillaHill
Posts: 291
Off Topic
Opinion:No Opinion
Price:14.50
RE: Central Blocks Namibia
Thu 14:35
no hurry on Namibia - question is will we farmout the follow on potential blocks surrounding RD-1 before spud in March - would like to see us retain at least 50% until after drilling RD-1.

Woodside paid ~US$13m for 25% of Rabat Deep in 2014, since then costs to acquire 3D seismic have fallen by ~2/3, so maybe US$6m (amount we paid for 3D on K&M) for 25% would be a reasonable tier-1 farmout?
Daywalker66
Posts: 121
Off Topic
Opinion:No Opinion
Price:14.50
RE: Central Blocks Namibia
Thu 14:21
To get ExxonMobil on board before our RD1 drill would be amazing, sounds too good to be true.
DrillaHill
Posts: 291
Off Topic
Opinion:No Opinion
Price:14.50
Central Blocks Namibia
Thu 13:37
Partnering process ongoing - targeting to drill prospect "S" in 2H18
would be the second well in 2018 following the Morocco well in 1Q18
wonder if we're in talks with the "US-Super Major" Mr Mulunga mentioned a few weeks ago

http://www.oilreviewafrica.com/event-news/namcor-leaders-optimistic-about-oil-and-gas-development

CEO of PCL said at the 121 O&G conference:

"We expect in due course that Exxon Mobil will arrive in Namibia in the not to distant future"
MrJinx
Posts: 894
Off Topic
Opinion:No Opinion
Price:14.50
RE: Agree
Wed 23:19
With pxog, they have 482,000 boe. Not sure how that lines up fiscally but it would seem not much at all.
workover
Posts: 438
Off Topic
Opinion:No Opinion
Price:14.125
RE: Growl
Wed 14:45
I wonder if he’ll come back as a new incarnation? Or just go back to being good old oiltap! Alternatively he could go back to updating his Helios Chariot website with all that juicy “scratch & sniff” investing he was bestowing on this forum
workover
Posts: 438
Off Topic
Opinion:No Opinion
Price:14.125
RE: Growl
Wed 14:41
I agree guys good riddens ! Very bizarre fella ! We all know the risk and reward here ! Don’t need biased tripe being shoved down our throats!
Goonerpete
Posts: 2,162
Off Topic
Opinion:No Opinion
Price:14.125
Growl
Wed 14:07
A proper odd ball
leapfrog
Posts: 3,727
Observation
Opinion:No Opinion
Price:14.125
Agree
Wed 13:51
He has gone but he did present a picture if biased and wrong on occasion.
Agree with the general comments about the timing of share disposals to protect value even though Pxog is expecting a 15 day drill completion any day soon and the micropence sp has gone down!
AIM has a mind of its own.




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