(CHAR) Chariot Oil & Gas
Summary
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| 07:00 | RNS |
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RNS Number : 9876W Chariot Oil & Gas Ld 08 February 2012
08 February 2012 Chariot Oil & Gas Limited ("Chariot") Completion of Seismic Acquisition in Central Blocks Chariot Oil & Gas (AIM:CHAR), an independent oil and gas exploration company, is pleased to announce that it has completed the 3500km² 3D seismic acquisition programme across its Central Blocks (2312 A & B and Northern halves of 2412 A & B) offshore Namibia. The operation, carried out in conjunction with Petroleum Geo-Services ("PGS"), was acquired by the Ramform Viking using the latest GeoStreamer™ technology. The survey targeted an area in the north east section of the licence that contains 11 leads with a combined prospective resource potential of 3.972 billion barrels of oil. Processing and interpretation of the data collected has commenced and we look forward to being able to report the results in the second half of this year. Paul Welch, CEO, commented: "This 3D seismic survey is the largest undertaken by Chariot to date and, due to the Geostreamer™ technology, has provided excellent quality data despite difficult weather conditions at times. The Central Blocks are the least mature of our portfolio and we look forward to receiving the processed information, which will enable us to identify further targets to include in our long term drilling campaign." - Ends -
NOTES TO EDITORS About Chariot Chariot Oil & Gas Limited (www.chariotoilandgas.com) is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these blocks are currently in the exploration phase. Shares in Chariot Oil & Gas limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Thu 07:51 | RNS |
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RNS Number : 6698W Chariot Oil & Gas Ld 02 February 2012
02 February 2012 Chariot Oil & Gas Limited ("Chariot") Conclusion of farm-out agreement with BP in block 2714A Chariot Oil & Gas (AIM:CHAR), an independent oil and gas exploration company, today announces that its wholly owned subsidiary, Enigma Oil & Gas Exploration (pty) Limited ("Enigma"), has received full approval from the Ministry of Mines and Energy in Namibia for its farm-out agreement with BP in block 2714A, which was announced on 8 August 2011. As part of the farm-out agreement, BP has committed to cover Chariot's cost of drilling the first exploration well in this block as well as past costs incurred, which have now been received. As a result, the ownership of Southern Block 2714A now consists of 50% Petrobras, 25% BP and 25% Enigma. The block currently has 11 identified prospects, one of which - Nimrod - is due to be tested in H2 of this year with the drilling of the Kabeljou-1 exploration well. The proposed well location has been agreed by all parties and Petrobras, as Operator, will update the partners with its progress throughout the coming months. Paul Welch, CEO, commented: "We are very pleased to have concluded this agreement with the support of the Ministry of Mines and Energy in Namibia. We can now push forward with our drilling campaign on Kabeljou-1 using the additional knowledge and experience of our new partner, whilst reducing our capital and risk exposure."
NOTES TO EDITORS About Chariot Chariot Oil & Gas Limited (www.chariotoilandgas.com) is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these blocks are currently in the exploration phase. Shares in Chariot Oil & Gas limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 28-12-11 | RNS |
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RNS Number : 6972U Chariot Oil & Gas Ld 28 December 2011 28 December 2011
Chariot Oil & Gas Limited (the "Company")
Holding in Company
Chariot Oil & Gas Limited was notified today that, as of 23 December 2011, Citigroup Global Markets UK Equity Limited has an interest in 7,554,041 ordinary shares in the Company, representing 4.16% of the Company's issued ordinary share capital.
- Ends -
Contacts: Artemis Secretaries Limited
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 28-12-11 | RNS |
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RNS Number : 6342U Chariot Oil & Gas Ld 28 December 2011
28 December 2011
Chariot Oil & Gas Limited (the "Company")
Holding in Company
Chariot Oil & Gas Limited was notified today that, as of 23 December 2011, Citigroup Global Markets UK Equity Limited has an interest in 9,368,134 ordinary shares in the Company, representing 5.16% of the Company's issued ordinary share capital.
- Ends -
Contacts: Artemis Secretaries Limited
This information is provided by RNS The company news service from the London Stock Exchange More |
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