Slick new website and nice RNS re Anchois gas study I like all the new presentations and media awareness etc. Malcy seems to have particularly bought in. I can however understand the lack of buying due to the credibility and woeful shareholder track record in particular of Bottomley and the luckless geo team headed by Kemper. What I don’t understand is the consistent on-going selling of Chariot stock, given the apparent great news re Anchois. If they were unhappy with the last RNS and lack of timescales etc I would have thought there would be an immediate exit from day traders and short-term investors, but what we are seeing is a steady drip drip of sellers. Are we seeing a slow-motion transfer of stock, is Anchois a good story but nothing more, allowing those in the know to slip out… are people just bored to death with the stock, are fossil fuels becoming a no-no investment choice. Surprised and confused. With all this good news and hints of competition to buy in behind the scenes, I really thought we’d be further ahead by now.
Presenting at Conferences in Paris & London #AnchoisPartnering twitter.com Chariot Oil & Gas (Chariot_Oil) Julian Maurice-Williams, CFO of Chariot Oil & Gas, was pleased to join the Finance Focus panel at Oil & Gas Council’s Africa Assembly in Paris today. 8:48 AM - 24 Jun 2019 twitter.com Chariot Oil & Gas (Chariot_Oil) Duncan Wallace, Exploration Manager at Chariot Oil & Gas, presenting at the Oil Capital conference in London today. 20 AM - 25 Jun 2019
Slick new website and nice RNS re Anchois gas study Drilla, good to see you back.
Malcolm Graham-Wood chats to Julian Maurice-Williams, the CFO for Chariot Oil and Gas
In regards to Anchois partnering Yes, my ears pricked up when I heard the “competition” word. I was surprised that the RNS was so dreary in contrast to the CFO’s exuberance on Pro Inv.
In regards to Anchois partnering CFO “We’re getting quite a lot of interest, we have quite a bit of competition and we are looking forward to announcing (the end to) the process as and when we can.” twitter.com AIMissionary💰💰 (AIMissionary) #CHAR CFO @Jules_MWilliams: In regards to Anchois partnering "We're getting quite a lot of interest, we have quite a bit of competition and we are looking forward to announcing (the end to) the process as and when we can." @Chariot_Oil @mgrahamwood 😎👍 [link] 3:22 AM - 18 Jun 2019
Malcy's Blog Malcy's Blog – 18 Jun 19 Malcy's Blog: Oil price, Sound, Hurricane, Chariot And finally... Malcy's Blog: Malcy's reaction to oil sector news as it arises. Oil price, Sound, Hurricane, Chariot And finally... “With an EIA already under way the project could see appraisal operations in 2020. Along with this and a Drilling EIA, the opening up of the partnering process should lead to a wide range of potential strategic partners ‘throughout the energy value train’. All in all Chariot appear to be getting on in the exciting Lixus Offshore Licence and prospects are looking most interesting.”
Slick new website and nice RNS re Anchois gas study …very much like the new Chariot - always seems to have an eye on Shareprice as well. (09:50) “At the moment we’re still valued just about cash (4-5p/sh, ~US$19m), and therefore the value of Lixus (70mmboe) is still to feed threw that shareprice and hopefully as we continue to progress the asset, that value will feed threw for new & existing shareholders.” (09:50)
Slick new website and nice RNS re Anchois gas study Study confirms development of Chariot Oil & Gas’s Anchois gas field ‘very feasible’
Slick new website and nice RNS re Anchois gas study Hmm, almost makes you wonder why it’s down nearly 10% today ! TP emphasized text
Slick new website and nice RNS re Anchois gas study Loving the new website, very professional, matter of fact slickest I have seen in a while , puts mid tiers to shame… Lovely RNS… hope market starts taking notice if us… been a long time between partnering announcements…hopefully very close soon.
Africa E&P Summit – May 2019 I agree, shareprice is not yet at all reflecting the 70mmboe Anchois Discovery we have acquired 6 weeks ago. Anyway, surely the industry players we are negotiating with will acknowledge the value of Lixus and as you suggest any partnering will have another great impact on Chariot O&G shares. Prior to the partnering catalyst I expect a steady rise to >10p until July/August 2019 supported by the release of feasibility & gas market studies and results from seismic reprocessing. CharBooom.png1429x690 37 KB
Africa E&P Summit – May 2019 This share should be so much further ahead by now, with the addition of Lixus. I guess we are suffering from the ‘Bottomley effect’. This is what happens when you upset the market and spring nasty surprises one (or more) too many times. I guess we’ll have to wait until confidence is restored through partnering with someone credible. It’s a shame as things are looking pretty good at the mo.
Africa E&P Summit Presentation – May 2019 Africa E&P Summit and Exhibition Africa E&P Summit and Exhibition The Africa E&P Summit and Exhibition brings together Africa’s upstream industry at a world-class venue in London for a unique event shaped for companies active in Africa’s oil & gas game. chariotoilandgas.com Chariot-presentation-Africa-EP-Summit-May2019.pdf 3.55 MB Feasibility study describes a development using existing technology with no critical item (p.08): 2-4 subsea producer wells connected via a 6 slot manifold (additional slots for future wells) 40 km 14” subsea flow line with control umbilical Onshore Processing Facility Export via 14” onshore Pipeline Anchois.jpg959x1343 416 KB
Director’s Dealings [link] “On 20 May 2019 Chris Zeal, a Non-Executive Director, purchased 198,023 ordinary shares in the Company (“Ordinary Shares”) at a price of 5.0499p per share.”