Chariot has had an active and successful first half during which it secured Eni as its partner in Morocco. The company is now carried on the RD-1 well, which will be drilled by Eni in late Q1 2018. Chariot continues to have a strong balance sheet with no debt and US$21.7m in cash, with only limited licence commitments on its portfolio.
13 Sep 2017
2017 first half results
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2017 first half results
Chariot Limited (CHAR:LON) | 8.5 0 (-3.0%) | Mkt Cap: 90.8m
- Published:
13 Sep 2017 -
Author:
Cavendish Research -
Pages:
8
Chariot has had an active and successful first half during which it secured Eni as its partner in Morocco. The company is now carried on the RD-1 well, which will be drilled by Eni in late Q1 2018. Chariot continues to have a strong balance sheet with no debt and US$21.7m in cash, with only limited licence commitments on its portfolio.