HRT Drill Update Posted from the Chariot board:
It looks HRT will be able to announce the spud of Wingat on 5 March during their conference call (announced a few weeks ago).
Maersk Traveller moved into one of the loading bays in Walvis bay yesterday after sitting in the bay anchored for more than 3 weeks. This is the AHT that accompanied T Marianas from offshore Ghana.
Sanco Spirit, which came from Rio de Janiero, carried out some seismic work at the drill location at the start of the week.
In addition, I have heard today that Transocean Marianas is leaving Walvis Bay tomorrow and will be heading to the drill location. It will take around a day to get there - all timed to perfection for announcement on their conference call.
It will be interesting to see if a further farm out partner is announced on Tuesday too.
They may mess around with the share price for another while yet, I can't see this going on for too much longer before the serious buyers and speculators start to swoop in.
Once they spud our share price should really start moving up and if they hit a commercial well, the sky's the limit!