logo-loader
Chariot Oil and Gas plc

Development of Chariot Oil & Gas's Anchois gas field 'very feasible'

Chariot Oil & Gas Limited’s (LON:CHAR) CFO Julian Maurice-Williams tells Proactive London's Andrew Scott that recent studies carried out on its Anchois gas field, offshore Morocco, have shown that development of the project is technically feasible.

Chariot believes there's potential for either a single phase or a staged development to commercially optimise access to different parts of the gas market.

The firm's also carried out an assessment of the Moroccan energy market as well as confirming it's initiated an Environmental Impact Assessment which will allow it to carry out appraisal operations in 2020.

Quick facts: Chariot Oil and Gas plc

Price: £0.04

Market: AIM
Market Cap: £13.5 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Chariot Oil and Gas plc named herein, including the promotion by the Company of Chariot Oil and Gas plc in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Chariot Oil & Gas reports more than 2 TCF of gas at Morocco...

Chariot Oil & Gas Limited's (LON:CHAR) Larry Bottomley discusses with Proactive London's Andrew Scott the results of a new third-party assessment of the recently acquired Lixus project area offshore Morocco. Five additional exploration prospects present more than 1.2trn cubic feet (TCF)...

3 days, 1 hour ago

2 min read