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Chariot Oil & Gas targets lower-risk growth with its offshore Morocco acquisition

Chariot Oil & Gas plc (LON:CHAR) CFO Julian Maurice-Williams talks Proactive London's Andrew Scott through their 2018 results as well as their new asset acquisition offshore Morocco.

Chariot's picked up the Lixus licence which includes the already discovered Anchois gas project – comprising some 307bn cubic feet of contingent gas resources and more than 600bn cubic feet of additional resource upside potential via low-risk follow-up exploration.

 
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