kate bates
- 02 Apr 2009 13:29
Don't like doing threads but have been alerted to this one as it trades well below cash position and allegedly has directorate links with the massive Petrobas. Last broker target was something like 165p - currently 26! The bates is in.
HARRYCAT
- 20 Mar 2017 06:20
- 472 of 474
Hmmmm.....not sure why this year is any different from the last five?
mitzy
- 20 Mar 2017 11:42
- 473 of 474
The Market likes it Harry.
HARRYCAT
- 30 Apr 2018 09:35
- 474 of 474
StockMarketWire.com
Chariot Oil & Gas said Monday that the Rabat Deep exploration well failed to find a hydrocarbon accumulation.
This comes after the Rabat Deep 1 well was safely drilled to a total depth of 3,180m. The well did, however, penetrate thick top seal and tight, fractured carbonates in the primary Jurassic target.
'Whilst the results of the Rabat Deep 1 well are very disappointing, the fact that we encountered tight carbonates in the Jurassic target with a thick top seal will be invaluable in calibrating the existing data sets and determining the implications for the prospectivity in the Rabat Deep Permits,' the firm said.
The data collected will be used to calibrate the existing data sets to understand the implications of the well results on the prospectivity of the surrounding area, the firm said.
Chariot said it was on track and fully funded to drill Prospect S in Namibia in the second half of 2018 targeting a gross mean prospective resource of 469m barrels.