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Energy

Chariot Oil & Gas kicks off new 3D seismic offshore Namibia

The programme will explore some 2,600 square kilometres in the group’s central blocks, 2312 & 2412A.

Chariot Oil & Gas (LON:CHAR) has told investors that it has kicked off a 3D seismic programme offshore Namibia.

The programme will explore some 2,600 square kilometres in the group’s central blocks, 2312 & 2412A. The area is has “giant prospectivity”, Chariot says.

It aims to mature previously identified leads and find new exploration targets for potential future drilling.

Chariot expects the programme will take around 40 days to complete.

“Following the analysis of its survey of approximately 1,700 line km of 2D seismic data acquired on the north western flank of the licence in 2015, the company has identified several significant additional leads within the Upper Cretaceous deep water clastic turbidite system,” Chariot said.

“Whilst there are drill ready prospects already identified in the Central Blocks, this 3D survey will enable Chariot and its partners to mature these new leads and further develop its inventory in this region.”

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