Chariot Ltd. (OIGLF)

[DrillaHill]

Van, good start of an uptrend which I expect to last until farmout news, then another boost towards drilling, multibagger time - Mauritania is clearly the Driver here!

RNS - update on Brazil from yesterday:
www.chariotoilandgas.com/index.php/download_file/view/924/1/

back to 100% in Brazil, in my opinion this is good News, I never liked the farmout terms with Azilat, they were only about to pay ~US$3.5 million for 25% of our licenses. (part of 3D). Chariot can and will finance 3D by themselves, with 3D in their pockets I expect them to achieve much better farmout terms, back costs & free carried well is the goal. Also 3D will be shot in 2H15, but will not effect their capex this year. So enough time to farmout, Dataroom is open to potential partners.

Anyway Mauritania is key in 2015!