Chariot completes 3D seismic acquisition offshore Morocco

Chariot Oil & Gas Ltd. has completed a 1,700-sq km (656-sq mi) 3D seismic survey offshore Morocco.

May 1st, 2014

Offshore staff

LONDONChariot Oil & Gas Ltd. (AIM: CHAR) has completed a 1,700-sq km (656-sq mi) 3D seismic survey offshore Morocco.

The survey, encompassing 1,075 sq km (415 sq mi) in Rabat Deep, 250 sq km (97 sq mi) in Loukos Offshore, and 375 sq km (145 sq mi) in Mohammedia Reconnaissance, will enable the company to mature drillable prospects in the Mio-Pliocene and Jurassic plays identified within this region on reprocessed legacy 2D data.

Following processing, Chariot will interpret this new data, which is expected to be completed by year-end 2014.

Chariot is the operator with 75% interest, andONHYM holds 25% carried interest.

04/30/2014

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