Chariot closer to sealing game-changing Angola deal [Yahoo! Finance]
CHARIOT LTD (OIGLF)
Company Research
Source: Yahoo! Finance
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has moved closer to securing cash-generating exposure to offshore Angola production after helping finance Etu Energias' acquisition of stakes in Blocks 14 and 14K, a deal that gives the AIM-listed group economics linked to around 4,000 barrels of oil per day. The company said a subsidiary of Etu has now signed a sale and purchase agreement to buy a 20% working interest in Block 14 and a 10% interest in Block 14K. Chariot has provided US$12 million of deposit funding plus related transaction costs, while Shell Western Supply and Trading has arranged acquisition financing in exchange for future offtake barrels. Chariot said that package fully funds the transaction. For investors, the significance is the income profile, as Chariot highlights, its exposure is equivalent to an indicative net NPV10 asset value of more than US$100 million at a US$60 a barrel oil price, with its funding expected to be repaid from future cashflows after the Shell facili
Show less
Read more
Impact Snapshot
Event Time:
OIGLF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OIGLF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OIGLF alerts
High impacting CHARIOT LTD news events
Weekly update
A roundup of the hottest topics