Chariot Ltd (AIM:CHAR, OTC:OIGLF, FRA:C62) signed a binding letter of intent with Halliburton which will provide project management, drilling and other well services for the planned appraisal programme at the Anchois gas project offshore Morocco.
It comes as the company counts down to the start of operations at Anchois where its targeting a December start to drilling.
"Following on from our recently announced rig award, today's release marks further progress towards our planned appraisal well on the Lixus licence, offshore Morocco, later this year,” said Adonis Pouroulis.
“We remain on track for drilling operations to commence in December and we look forward to updating the market further as other operational milestones are achieved ahead of drilling."