Member Info for Surety

Worth noting that Auctus have a 67p and Cenkos 71p if Energean exercise the option to acquire the next 10 percent…

DYOR

Agree Bubblepoint

https://www.offshore-energy.biz/stena-drilling-drillship-goes-to-work-in-morocco-as-energean-takes-the-helm-at-gas-field/

Doesn’t look like the seller is out just yet..

DYOR

Definitely some.....

Https://masterinvestor.co.uk/evil-diaries/evil-diaries-oil-over-the-place-2/?mc_cid=2761689052&mc_eid=83b18a1a88

There is, it is said, lots of oil around but much is far from politically safe and therefore Chariot (CHAR) off the coast of Morocco is not as attractive as Pantheon (PANR) which clearly has a massive oily acreage in Alaska. But these things take time to be proved up and, although the management of PANR is regarded as well up to speed, the expected eventual bid (at comfortably above 100p) will not appear, it is said, before 2025. I sold 250,000 at 36.2p and regret this. But cash is needed for domestic matters and CHAR which I pocketed at 9.3p.

Cavendish (part developed from Cenkos) are still bullish but, it must be said, CHAR is taking its time.

A clear 'get on with it' message, but at least he's pocketed rather than sold..

DYOR

Surely Askar too..

Assuming there is an RNS on a new investor tomorrow, I think we will see something from Simon Thompson at the IC shortly after... his last advice was that 'clearly, Chariots farmout did not meet the expectations of some investors - but that the heavily oversold shares would bounce when -the dust settles.- He may see this as the perfect opportunity to move his 'hold' advice back to 'buy'

DYOR

DYOR

I wonder if they have entirely wiped out the 2 distressed sellers.. assuming there were 2..

DYOR

Jagua - I think you are right, it’s most likely about the seller not liking the partner. The fact that they have fully cleared on the day of the formal transaction is not a coincidence in my opinion

IMHO

Do you really think that GP? I think that when this overhang clears - and to be clear, there is one, this will start to climb. Personally, I still think it was either about the fact they didnt sell, or something to do with the Israel listing. The sale of the power business will yield something, finding significantly more gas in Loukos will definitely kick it - as I think the market is circumspect at the moment, that will have a 'feel good' bounce on Anchois drilling. too.. I think this could get to 20p quite quickly once the overhang clears.. DYOR

I am assuming that whoever is clearing out (Covalis, Askar or both) have opened the taps this morning to clear the final lot..

DYOR

The potential presence of deeper targets at Gaufrette suggests that Loukos could be worth more than we initially thought....

DYOR

Utterly bizarre!

Https://twitter.com/Chariot_Energy/status/1777941009747374203?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Where do you see the share price in the promised land...

Https://energycapitalpower.com/totalenergies-energy-investment-iae-2024/

Gaining momentum - You would think the strategic review will yield some value..

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://m.engineeringnews.co.za/article/autocast-to-benefit-from-renewables-deal-with-etana-energy-2024-04-02%23:~:text%3DCast%2520and%2520machined%2520components%2520supplier,electricity%2520trading%2520company%2520Etana%2520Energy&ved=2ahUKEwifs7_10LKFAxWgR0EAHc18AOAQhlR6BAgKEAM&usg=AOvVaw1fhvoJBJcgSbh1mwOOercr

He’s tagged chariot against the bucket list, but not predator. I am assuming he is waiting for the conclusion of the seller before he calls it. He makes reference to a smaller list and updates with greater frequency

I wonder if Askar is selling out ..

DYOR

I am assuming that Nicholas Robinson is continuing to reduce... Slightly bizarre..

DYOR