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Have any or how many of the other companies our leader been in the management of made money for shareholders?

For you that are interested in the effect of energy in the form of petroleum or green energy on geopolitics I recommend Peter Zenhan’s current book “The End of the World Is Just The Beginning” and keeping up with his YouTube reports.

My Fidelity account has the information I need to participate. Maybe it is just a TD Ameritrade difficulty. Hopefully this will be resolved next week. Thanks.

May 27, 2022. I contacted TD Ameritrade re: exercising the Rights Offering, the representative stated they have no information on this Rights offering. On the previous offering I received notice of the offering 3 days after the close of the offering. Does anyone have some helpful info?The rep stated it is up to Chariot to notify the brokerage firms of the Rights offering.

https://youtu.be/LtH9rJAHbEA

Sent

https://youtu.be/QyJTfrFZiJY

Sent from my iPad

https://youtu.be/8o-nPyPlBdw

I mis-typed

LIXUS from AFDVN. Originally written by highlygeared

Lixus Portfolio

In addition to the Anchois Discovery, the Lixus portfolio is estimated to contain around 3 Tcf of audited gross contingent and prospective gas resources. Further upside has been identified since the most recent audit, estimated to contribute an additional >1.5 Tcf to the portfolio.…

The updated CPR following the 150m of gas pay will be very interesting.

Add in the Rissana License area and the potential for 5 TCF + becomes possible.

There seems to be no stopping the likelihood of high gas prices for several years to come. Right commodity, right place , right time ….

From Seeking Alpha

The Netherlands on Monday reduced output expectations for the Groningen natural gas field, stressing that "the Groningen field will only bean option of last resort."
Production at the field operated by Exxon (NYSE:XOM) and Shell (NYSE:SHEL) peaked at ~88.0bcm/y, or ~18% of Europe's current natural gas consumption; for the year ended September 2022, the Government plans to produce 4.6bcm.
The field produced as much as 30.0bcm in 2017; however, production is being reduced to zero, in hopes of avoiding risk of seismic activity.
Falling natural gas supplies in Europe should help LNG businesses like Cheniere (NYSE:LNG), Shell (SHEL) and Chevron (NYSE:CVX); falling domestic volumes are also a tailwind for producers Equinor (NYSE:EQNR), Vermillion (NYSE:VET) and NRT (NYSE:NRT); however, diplomatic progress in Ukraine has energy shares down across the board Monday.

Hi Jimmy23

Thanks for your thoughtful response. I wish you and all shareholders well.

Hi Jimmy23. I am a 6-8 year owner and the current info seems to be “all positive”. It occurs to me that the lack of large investor interest could be due to concerns/distraction/unknowns caused by the green hydrogen project. Chariot would be better off to spin off the non-gas projects into separate companies so that investors and management could concentrate on our winner of a natural gas project. These additional projects may be very successful in the long run but add little value in todays market.

GEO ExPro
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SEISMIC FOLDOUTS AFRICA
Understanding the True Hydrocarbon Potential of the Lixus Offshore Licensing Area, Morocco
Melissa Chin and Duncan Wallace; Chariot Oil & Gas
Modern data analysis techniques are providing new insights into reservoir distribution and hydrocarbon potential of the Lixus Offshore licensing area in Morocco - redefining Neogene clastic fairways in the offshore Rharb Basin. This article appeared in Vol. 17, No. 2 - 2020
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Understanding the True Hydrocarbon Potential of the Lixus Offshore Licensing Area, Morocco
Since early 2019, Chariot Oil & Gas has performed an extensive interpretation program on over 1,700 km2 of legacy PSTM 3D seismic data, shot over the Lixus Offshore license area in 2006 and 2010. Figure 3 highlights the Mio-Pliocene siliciclastic succession, which reaches over 5 km thickness in the central area. Sediment loading of thick high net-gross reservoir systems drives syn-depositional salt and mud tectonism, controlling sediment accommodation space and developing trapping geometries for the on-block hydrocarbon accumulations and exploration prospects, including the 2009 Anchois thermogenic gas discovery.

Figure 1: Merged Miocene top reservoir seismic amplitude map. Figure 2: Location map of the Lixus license in the offshore Rharb Basin (3D seismic extent in blue).
Advancements in data analysis and imaging techniques throughout the past decade have provided insights into reservoir distribution and enabled the discrimination of gas-filled sands. Approximately 1 Tcf of remaining recoverable gas is estimated to be held in the Anchois discovery and surrounding analogous satellite prospects, with on-block resources increasing to over 2 Tcf when incorporating other Miocene targets identified to date.

As Moroccan energy demand is forecast to double between 2015 and 2030 and the country remains reliant on imported fossil fuels for 96% of its energy, understanding how to maximize value from previously overlooked indigenous exploration plays becomes increasingly important. The potential contribution of gas from the Lixus Offshore block would allow Morocco to significantly reduce its reliance on imported fuel, ushering in a new era of increased self-sufficiency and reduced environmental impact from power generation.
Regional PSTM Seismic Line Across the Lixus Licence, Offshore Morocco
Figure 3: Regional [PSTM] arbitrary seismic line across the Lixus license (display is full stack amplitude co-blended with seismic relief attribute).

This seismic foldout was taken from GEO ExPro Vol. 17, Issue No. 2. You can download the original PDF of the issue here and you will find the higher resolution version of this foldout on pages 65-68.
Resolving Neogene Clastic Fairways in the Rharb Basin, Offshore Morocco
The Lixus Offshore block is located within the Rharb Basin o

Old info, may be reason Repsol dropped the Anchois field, two dry follow on wells, Thon-1 and Merou-1. It looks like Repsol concluded “not commercially viable”. What has changed since 2012. Don’t misunderstand my purpose. I have been long since 28-30 cents US.

“Repsol targeting Moroccan offshore gas project
Repsol is still hoping to firm up a com mercial gas development off Morocco despite disappointing exploration nearby.
The 2009 Anchois discovery in the Tanger Larache licence was a rare off- shore boost for the country.
The well was drilled about 40km from the coast to a total depth of 7,990ft (2,435m) in around 1,230ft (375m) of water. Estimates of reserves are around 100 Bcf.
The Spanish firm had hoped to add to this total with two new wildcats last year – Deep Thon-1 and Merou-1 –
but both were dry.
However, Repsol has not given up and
it has submitted an application for a reconnaissance licence to retain the acreage to determine if a development is commercially viable.
Exploration off Morocco has been rare in recent times with high-profile deep- water wildcats for Shell, Petronas and Vanco all proving disappointing.
However, a new breed of explorers tar- geting Cretaceous and pre-salt plays are moving into the country, with Kosmos planning to drill next year.”