Strap yourself in, we’re going on a ride! Chariot’s long awaited RD-1 well on the JP1 prospect is drilling ahead. This is one of the largest prospects to be drilled globally this year and the first offshore Morocco for four years. A result is expected in around a month and, whatever the outcome, it will be volatile, so this is not one for the faint-hearted. Within our 39p/sh 3P NAV, which sets our price target, we carry JP-1 at a risked valuation of 12p/sh. So, in the event of a d
