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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.

 
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