Street Smart Investor
Long-term horizon, energy, natural resources, micro-cap

Chariot Oil Is A Rising Star

Initiation Summary

I am initiating coverage on Chariot Oil & Gas (OTC: OTCPK:OIGLF), an oil and gas exploration company with giant potential exploration assets offshore Namibia, Mauritania, Morocco and Brazil. Chariot Oil & Gas is a small company with a market capitalization of $68 million, but has the potential to make it big in the long-term. This initiation on the company discusses the assets, the company's growth and funding strategy and the potential stock upside triggers.

Company And Assets

Chariot Oil & Gas is an independent oil and gas exploration group. It holds licenses covering eight blocks in Namibia, one block in Mauritania, three blocks in Morocco and four licenses in the Barreirinhas Basin offshore Brazil. All of these...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details