Following the release of a CPR on Additional Prospects at the Lixus Licence, offshore Morocco, @finnCap have published a research note reaffirming their price target on the Company of 41p/sh. The note can be found on the finnCap investor portal: https://t.co/PmYprUIHHp
@pauljwheeler @Chariot_Oil @41months The I.O.S.A. Scout Group meetings provide an important farmout-forum to their members and I like the fact that @Chariot_Oil had the opportunity to present their 70mmboe Anchois Development plan in front of more than 120 O&G companies. The more competition the better the deal. π
It's all about the 70mmboe Anchois Discovery when @Chariot_Oil is presenting at the MMEA Scout Group Meeting today in London. ππ
https://t.co/ntk0mIrNHY
July 2019 Presentation:
https://t.co/mMZa0FFhO8
Chariot is pleased to be presenting at the Mediterranean, Middle East & Africa (MMEA) Oil Industry Scout Group today in London. A copy of the presentation is on our website: https://t.co/kBqZeb0H9P
"CPR gives >1 TCF of gas to Anchois discovery and satellites which should deliver βstrong returns and significant cash flowβ. With 75% of the asset @Chariot_Oil are in a strong position & will partner up on the deal and data rooms are open and the level of interest is pleasing."
@Chariot_Oil SP: 4.50p MC: US$20m ππ
AGM - 3rd party study "demonstrated the technical feasibility and commercial attractiveness" of 70mmboe Anchois Nat Gas discovery, which is "anticipated to deliver strong returns and significant cash flow".
https://t.co/EdDjjlEdHi
@Chariot_Oil ππ
Great opportunity @ 4-5p per share (MC ~US$20m) considering their brand new 70mmboe Anchois Nat Gas Discovery Offshore Morocco. Expected flowrates 70mmscf/d @ US$9/mcf could generate revenues of US$172m/year. Worth to check them out @ https://t.co/xnyoMvE1Fp
Great presentation by Duncan Wallace, Exploration Manager at @Chariot_Oil , on 70mmboe Anchois discovery in Morocco and giant potential from Chariot's prospects in Namibia & Brazil. π
https://t.co/ouRnDFsjaM
@Chariot_Oil presenting in Paris & London
#Anchois Partnering π
#Chariot_Oil 70mmboe discovery π
#Undervalued MC 17.5m π°
https://t.co/PokzT9uPAb
https://t.co/J2VOcNDUCl
https://t.co/R713p5NPXC
https://t.co/c1uwiloEMs
Interview with the CFO of Chariot Oil & Gas on the Development potential of the Companyβs Anchois gas field, offshore Morocco. https://t.co/AJQXM8nmjV via @proactive_uk @Chariot_Oil #CHAR#brighterir#AndrewScottTV#CapitalNetwork1
Unbelievable that #CHAR is sitting around 5p just above cash levels currently when @finnCap are giving a conservative valuation of 41p/sh. finnCap have discounted their valuation because of the need for a farmout to fund appraisal drilling & development funding. Plenty of upside.
Very positive interview today by @Chariot_Oil CEO Larry Bottomley. Anchois feasibility study is "to be completed within the next month" and then there will be a "gas market study to be completed within 2 months". A lot of news flow coming from #CHAR ππ
https://t.co/kR8Hi2mu5G
Larry Bottomley, CEO, discussing the resource upgrade at the recently acquired Anchois development, Morocco with @AndrewScottTV : https://t.co/7qW9IGYjA0 @proactive_UK
Chariot O&G Anchois Discovery
Larry Bottomley, CEO: "This independent third party evaluation confirms that the Anchois discovery and its nearby satellite prospects presents Chariot with an exciting and commercially attractive development opportunity.β
Chariot is pleased to announce the completion of the independent Competent Persons Report by Netherland Sewell & Associates Inc. over the satellite prospects adjacent to the Anchois-1 gas discovery in the Lixus Offshore Licence, Morocco. https://t.co/pufMpo2VPZ
Chariot Oil & Gas π
CFO: "Even taken into account the recent rise we are still only valued at cash. And therefore the value of the Lixus license has yet to feed through to the shareprice."
Conference Call Audiocast (04/10/2019)
https://t.co/TRtq7ddBAM
Chariot Oil & Gas π
...at 4p only valued at cash (YE18: US$19.8m), no debt. New Anchois discovery with 70mmboe not priced in. CPR & feasability study to be released within 2-3 months. So yes, Now is the Time to Buy Chariot Oil & Gas Limited (CHAR.L)! π
https://t.co/TRtq7ddBAM
@StockNewsOracl1 Chariot Oil & Gas π
...at 4p only valued at cash (YE18: US$19.8m), no debt. New Anchois discovery with 70mmboe not priced in. CPR & feasability study to be released within 2-3 months. So yes, Now is the Time to Buy Chariot Oil & Gas Limited (CHAR.L)! π
https://t.co/TRtq7ddBAM