.

lucky him! How is that placing of 84p with Bor,thats life u never know whats round the corner.

.

Not good but I shall sit the summer out with this one and wait for the next well result.....patience is the key with these multiwell campaigns...

rf looks as though the wheels have fallen off,where is Ben Hur when you need him!

This has been oversold... BUY now.

director buying yesterday .......

Director's Dealings
Chariot Oil & Gas Limited (AIM:CHAR), the Africa focused oil and gas exploration company, announces that Paul Welch, Chief Executive Officer, today bought 50,000 ordinary shares in the Company at a price of 77.64 pence per share. Following this purchase Mr. Welch holds 300,000 ordinary shares, representing 0.15% of Chariot's issued

more directors buying ......

("Chariot", the "Company" or the "Group")

Director's Dealings

Chariot Oil & Gas Limited (AIM:CHAR), the Africa focused oil and gas exploration company, today announces that on 14 May 2012 Adonis Pouroulis, Chariot's Non-Executive Chairman, bought 100,000 ordinary shares in the Company at a price of 74.95 pence per share. Following the purchase, Mr. Pouroulis holds 100,000 ordinary shares, representing 0.05% of the Company.

Westward Investments Limited, a company which is owned by a discretionary trust of which Mr. Pouroulis is one of a number of beneficiaries, maintains its holding of 21,565,971 ordinary shares, representing 10.75% of the Company.

Told u earlier... directors buying now because been oversold.

directors trying to put the wheels back on the cart?

have you bought in hali? ..... surely a better bet that TLW :-))

cynic not likely next news months away.

you know i was only teasing you ..... i only watch char out of curiosity; i don't buy/sell it

cynic same here CHAR is just another ramped share like MATD, TRP,BPC etc which eventually fall to earth leaving PI's stranded with large losses.

more directors buying ...........

Director's Dealings

Chariot Oil & Gas Limited (AIM:CHAR), the Africa focused oil and gas exploration company, announces that Larry Bottomley, a Non-Executive Director of Chariot, today bought 20,289 ordinary shares in the Company at an average price of 80 pence per share.

The Company also announces that Phillippa Bottomley, spouse of Larry Bottomley, today purchased 20,104 ordinary shares in Chariot at an average price of 81 pence per share. Following this transaction, Larry Bottomley has a beneficial interest of 40,393 ordinary shares, representing 0.02% of the Company.

FOGL's Loligo is the single biggest well to be drilled in 2012. People are mistaken that Chariots Nimrod is bigger, but its not.

Nimrod is P50 recoverable barrels potential of just 4.361 billion barrels (page 23 of the latest CHAR presentation).

Loligo is P50 recoverable barrels potential of 4.7 billion barrels.


(The 4.9 billion attributed to Nimrod is the "mean" of the P10/P50/P90 figures - when you compare P50 of Loligo to P50 of Nimrod - Loligo is the biggest drill anywhere in the world this year).


And of course its 75% owned by FOGL - the biggest drill and the biggest potential upside in the world this year.

Anyone know the reason for the drop?

The last well was supposed to take 70 days. Duster RNS come after 39 days.

http://www.investegate.co.uk/Article.aspx?id=201204051448228668A 5 April

http://www.investegate.co.uk/Article.aspx?id=201205140700212299D 14 May



This well is supposed to take 60 days. Its now day 38.

http://www.investegate.co.uk/Article.aspx?id=201207270700046309I


Going by the last well - it is now time for an RNS, imo.