Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
this could be a chance to get the bkr assets at a reduced price or better deal. but there is one thing for certain the rhum gas will be needed by the uk and the same solution to operate the rhum field could be used again
well guess what i was right plugged and abandoned and the rampers were wrong. now im saying dont get sucked in at this price it will drift lower thats for sure 5p is my guess. and iam sorry to say i was right i would have loved to have seen an oil find
what a shame and disappointment for chariot share holders. and unfortunately i was right just a week early with my prediction. i hope the rampers on here have learned a lesson from this and no one was suckered into this crapper called chariot. so now its namibia if they dare i would not be surprised if that did not happen shelved for some reason like conserving valuable cash and as for brazil even the majors are struggling to get permission because of environmental reasons. anyway i hope oilbell has a good day buying more chari rot today
its a duster because its chariot and when it is 99% of these rampers will disappear and if the truth be told none of them hold any shares in chari ROT. but i really do hope for the sake of the guys brunt here a few years ago in namibia that its a mega find
To the sad sacks who are getting up at 7 o'clock in the morning to see if there is an RNS. what are you going to do.???? it will be to late to buy or sell the MMs will either will want to push the price so low no one will want to sell or so high buyer's will not buy and after seeing so many dusters i would not put a penny more in a oilier drilling a well with a 25%chance of success
ondon, 13 November 2014- Serica Energy plc (AIM & TSX: SQZ) confirms that testing operations have now concluded on the SM-1 well (Serica 5% working interest) on the Sidi Moussa Licence, offshore Morocco. The well was drilled to a total depth of 2,825 metres sub-sea and encountered oil in fractured and brecciated cavernous Upper Jurassic carbonates. During the course of drilling and well control operations, 26 degree API oil was produced to surface with the drilling fluids. A subsequent testing programme confirmed the presence of oil but it was not possible to achieve all of the objectives of the testing programme, most likely as a consequence of the significant reservoir damage suffered during the earlier well control operations. Further evaluation of the drilling and testing results is required before any definitive conclusions can be drawn. The well will now be plugged and abandoned and the Noble Paul Romano semi-submersible rig will be released. Tony Craven Walker, Serica's Chairman and CEO said: "The SM-1 well has provided some valuable information regarding the future prospectivity of the Sidi Moussa Licence. The presence of good quality oil encountered by the well is encouraging for the remaining prospects on the licence and further tests on the oil samples taken will help determine the provenance of the oil which in turn will aid the identification of optimal locations for potential oil accumulations."
don't get your hopes up to much even if an oil find is announced genel and serica found oil further south and nothing came of it apparently it was the wrong kind of rock and the well was damaged what im saying is if there is an RNS announcing a oil find don't take it as gospel until the drill stem tests
anybody here who is betting on a huge oil find here needs their head examining. but pigs do fly occasionally and i really hope chariot do hit oil but if anyone thinks this share would hit anything over 40p wants to book themselves into the nut house.
erskine could be a long way of ifthere has to be a new pipeline installed https://www.energyvoice.com/oilandgas/north-sea/168382/new-pipeline-to-solve-erskine-wax-woes/