Chariot chasing leads offshore Namibia

Chariot Oil & Gas has received processed 3D seismic data in both time and depth related to its licenses offshore Namibia.

Offshore staff

LONDON -- Chariot Oil & Gas has received processed 3D seismic data in both time and depth related to its licenses offshore Namibia.

According to the company, the 3D data acquisition campaigns were part of the largest exploration program ever offshore Namibia, totaling 4,500 sq km (1,737 sq mi). This was split between:

• 1811 A & B (Northern blocks) – 1,500 sq km (579 sq mi)

• 2714 A & B (Southern blocks) – 3,000 sq km (1,158 sq mi)

Chariot plans to map and interpret the data in order to further define targets for drilling.

CEO Paul Welch says, “The quality of the data set is excellent, and has exceeded our expectations. This data will allow us to more accurately determine the volumes in all our prospects while significantly enhancing the potential for a successful drilling campaign – the next step in our exploration program.”


07/06/2010

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