Chariot Ltd. (OIGLF)

[DrillaHill]

With Dataroom open in 4 countries we have Drivers all over the place, plenty of cash (>US$50 million YE2014), all dataroom open from 10 licenses in 4 countries, farmouts tier1 will further increase cash position, probably by US$25 to US$50 million, and tier2 will shut up derampers and non believers, currently trying to drive down shareprice with their drivel on public discussion boards in GB, and boost shareprice to multiples of current SP (Market Cap US$34 million).

Look @ the amazing farmdown history:

BP Namibia Southern Block 2714A 25% ~US$30MM
Cairn Mauritania C-19 35% ~US$26MM
PGS (AziNam) Namibia Central Blocks 2312A&B & 2412A&B 10% ~US$10MM
PetroBras Namibia Southern Block 2714A 50% ~US$16MM
Woodside Morocco Rabat Deep 25% ~US$13MM

...that's US$95 million from only 5 deals, 280% of current Market Cap (US$34m),
2015 investments in our licenses increase their value and every Dollar spent for 3D seismic etc. will be (at least) replaced by Dollar from farmout, take the Cairn deal as an example, Cairn paid US$26 million for only 35% of one of our licenses,…

> 20 Billion boe of pmean prospective resources & the potential to drill > 6 wells over the next three years,
we currently have datarooms open from 10 licenses to farmout and generate cash from!!
That's 10 chances to increase cash and drive up SP to multiples of current levels!!

, do not listen to the short term trading sheep calling for Your shares!!
You know better, make your Research @ http://www.chariotoilandgas.com/

GLA