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see lots buying!

2.36 and 2.49pm today were full ask!

I sense big news im keeping everything crossed for the Brazil farm in

I have said there is real bullish sentiment and a strong quarterly update will show a trend is def in place

IF Brazil comes in this will 100%!

The time is right for this and the adjacent major drillers know it!

Licence Overview - Brazil
Licences BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 are characterised by the Brazilian National Agency of Petroleum, Natural Gas and Biofuel (“ANP”), the state licensing authority, as shallow water blocks and they are located 70km offshore Brazil. The acreage position of the combined licences totals 768km2.
Water depths range from 85m to 1,700m
Chariot secured this acreage which lies adjacent to Shell with minimal work commitments and low signature bonus
775km2 3D seismic acquired and processed satisfying all work commitments on this phase of exploration
Other operators in this basin include Petrobras, Shell, BP, Total and Ouro Preto

SHELL my guess:

Brazil - Operations
Operator, 100% equity position
Fast follower with a low cost seismic option
Four shallow water blocks adjacent to major explorers – including Shell, PTTEP, Petrobras
Conjugate basin to Ghana and Côte d’Ivoire
Prospective resources of 911mmbbls*
775km² 3D survey completed March 2016: partnering process ongoing
The Company was successful in bidding for and winning a 100% interest in four licences offshore Brazil in the 11th round of licensing.
This additional large equity position in a new and emerging hydrocarbon province broadened Chariot’s footprint onto both Atlantic margins and will provide further opportunity for levered partnering and funding to explore for material accumulations of hydrocarbons. In March 2016 Chariot carried out a 3D seismic programme across the entirety of the acreage. Chariot has no more commitments in this phase of exploration. A partnering process is open on these licences to secure levered partners in the forward programme.
Brazil is the ninth largest energy consumer in the world and primary energy consumption continues to increase due to sustained economic growth. Brazil has over 14.0Bnbbls of proven oil reserves, the second largest in South America after Venezuela, with the vast majority in the offshore Campos and Santos Basins, located off the country’s southeast coast. Recent discoveries of large offshore, pre-salt oil deposits could transform Brazil into one of the largest oil producers in the world.

It should be easy to see from my posts today be Sod’s law I’ve sold here way too soon sigh

What ru talking about I thought he was on about the last placing!!! Sends some derampers getting desperate!!!!

Fool oil was $35 back then

I’ve taken another £5k in various trades!

Don’t care what certain deramps are squealing!

My feeling this will double from here within a week

I’m out for now 80% rise this is not to say it won’t continue to rise but for me personally I wanted to raise funds for a top up elsewhere right now.
GLA
This has great potential!

Out in force a good sign !!!!

Def target for Shell immediately adjacent

Many here overlooking the drill ready Brazil prospects. Frontier hydrocarbon province

‘’Drill-ready’’ *
775km2 3D acquired, processed and evaluated
Operator, large equity position, partnering underway
Prospective resources of 911mmbbls**
No remaining work programme commitments

WRONG Read last RNS STATEGIC PARTNERSHIP

The initial licence commitment, for which the Company is fully funded, includes a technical programme of 3D seismic reprocessing and evaluation to access the additional exploration potential of Lixus. Chariot will also further evaluate the gas market, test development concepts through a feasibility study and seek strategic partnerships and alliances to progress towards a development of the Anchois discovery.

LC has been the driving force here and looks to be turning into something viable

I’m away from pc can anyone shed light on level 2 and live priced

Just imagine where that would send this on that news alone!
Shell has bags cash right now and Latin America waking up from its slumber

Bonkers should be 8p ages ago

Anyone selling below that needs to attend business school

Well hello getting to look like the rerate has started as I predicted.
8-10p barely values cash and the existing prospects let alone Morocco
20-30 is my target exit