Swing low, sweet chariot
Coming for to carry me home,
Swing low, sweet chariot,
Coming for to carry me home.
Had myself a bit worried there singing rugby anthems for England! But, it has been a very good month for Chariot Oil, not so for Tower who failed once again to find some black gold as mentioned in previous post. Still going for the 100p party of which should turn out to be a three bagger at exactly 108p. Plenty of PI’s in at the 30′s holding a double bag from the 60′s in less than two weeks! A great return on 1K if you had it!
Mean Prospective Resources Reported from Central Blocks increased by 3.3 billion barrels to over 8.5 billion barrels in the recent press release for Chariot has led to the share price increasing from around 30p mark to 80p today over the course of a month.
Early bird catches the worm, so I will be looking at Encore Oil for possible entry at around 15-16p with profits since placement of shares was carried out at 14p by Directors. Potentially 25p in coming months up to drilling, but I am still researching so do not just jump aboard without reading up first.
TRP – I have left a small holding in at 1.75p which is 30% down, but awaiting further 3rd drill news to go back up to 2p.

