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Chariot Oil & Gas boss looks ahead to 'exciting' 2018

Chariot Oil & Gas Limited (LON:CHAR) boss Larry Bottomley updates investors at World Oil & Gas Week 2017 in London.
 
He talks to Andrew Scott about the "scale and the magnitude" of the company's various assets in Morocco, Namibia and Brazil and looks ahead to what he expects will be an "exciting" 2018.
 
"It's a very exciting year [ahead]. We see the Rabat Deep-1 [exploration well in Morocco] as the focus, we've got data rooms open in our other licences, we're looking to drill prospect S in the central blocks in the second half of next year, [and] there'll be third-party drilling at the same time," Bottomley says.

Quick facts: Chariot Oil and Gas plc

Price: 3.26 GBX

AIM:CHAR
Market: AIM
Market Cap: £11.98 m
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Chariot Oil and Gas secures rig for Prospect S offshore Namibia

Larry Bottomley, chief executive of Chariot Oil and Gas Limited (LON:CHAR), tells Proactive's Andrew Scott all is on track to begin deepwater drilling at their Central Blocks licence offshore Namibia in the fourth quarter of this year. Chariot's  contracted the Ocean Rig Poseidon...

on 4/6/18

2 min read