Excellent news for Chariot, who – after a number of drilling disappoints over the years – has seen its revamped, lower risk, Transformational Gas strategy come good at the first asking. The Anchois-2 appraisal/exploration well on the Lixus licence, offshore Morocco, has come up trumps, significantly exceeding expectations with multiple high-quality gas reservoirs encountered. Further analysis will be needed to fully understand the positive implications of the well on the gas resources of the exp ....
10 Jan 2022
Chariot - Transformational Gas strategy comes up trumps
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Chariot - Transformational Gas strategy comes up trumps
Chariot Limited (CHAR:LON) | 9.0 0 0.0% | Mkt Cap: 96.1m
- Published:
10 Jan 2022 -
Author:
Jonathan Wright -
Pages:
11
Excellent news for Chariot, who – after a number of drilling disappoints over the years – has seen its revamped, lower risk, Transformational Gas strategy come good at the first asking. The Anchois-2 appraisal/exploration well on the Lixus licence, offshore Morocco, has come up trumps, significantly exceeding expectations with multiple high-quality gas reservoirs encountered. Further analysis will be needed to fully understand the positive implications of the well on the gas resources of the exp ....