Tradefair & Financials
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The next big AIM oil company imo. Expecting this to be the next tullow oil provided no one takes them over before then.
They have all the prime acreage in Namibia sewn up. BP are known to be sniffing around the area already, they also just took an extra 20% in chariot's nimrod drill today.
The tapir drill starts at the end of this month - if they hit anything then this significantly derisks the other drills.
Nimrod drill is starting in the summer, BP and petrobras are farmed into this one. Don't forget BP have a worldwide success rate on wildcat drills of 70%, so I like the chances of this.
Great value at present prices (187p). There was an oversubscribed placing at 250p last year. great time to build a stake here for the upcoming drills.
They have all the prime acreage in Namibia sewn up. BP are known to be sniffing around the area already, they also just took an extra 20% in chariot's nimrod drill today.
The tapir drill starts at the end of this month - if they hit anything then this significantly derisks the other drills.
Nimrod drill is starting in the summer, BP and petrobras are farmed into this one. Don't forget BP have a worldwide success rate on wildcat drills of 70%, so I like the chances of this.
Great value at present prices (187p). There was an oversubscribed placing at 250p last year. great time to build a stake here for the upcoming drills.
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up to 202p today. building up nicely. they apparently have a further target in the tapir drill further down which they think could have another 1-2 billion barrels in there. cobalt energy recently found loads of oil in the same zone in offshore angola.
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