Chariot has announced its intention to provide acquisition funding for an oil producing asset offshore Angola. Chariot is working alongside Etu Energias and Shell Trading to support Etu in its acquisition of a working interest in Blocks 14 and 14K offshore Angola, with current production of 8,000bopd. In exchange for providing the initial funding, Chariot will be entitled to the economics associated with material production from the working interest to be acquired, equivalent to up to 4,000bopd. ....
