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Chariot Announces Rig Mobilisation For Moroccan gas appraisal well operations

01/12/2021

Chariot, the Africa focused transitional energy company, is pleased to announce that the Stena Don drilling rig has commenced its mobilisation to Morocco. Chariot has contracted this rig to conduct drilling operations on the Anchois gas field within the Lixus licence, offshore Morocco, with operations anticipated to commence in mid-December 2021.

Chariot’s offshore Moroccan licences are located near to historic onshore oil production, current onshore gas production and oil and gas condensate discoveries in both the offshore and onshore. Oil slicks, seeps and seismic direct hydrocarbon indicators (DHIs) within Chariot’s licences support the presence of a hydrocarbon system. Within its licences, the Company has identified potential within the proven Jurassic and Mio-Pliocene plays, as well as that of the yet to be proven Cretaceous. The northern margin of Morocco is thought to be analogous to the conjugate Nova Scotia Basins where significant discoveries have been made in the same play systems that are present within Chariot’s licences, and currently being explored by third parties in the region. Chariot is partnered in Rabat Deep with Woodside and Eni.

Adonis Pouroulis, Acting CEO of Chariot, commented:
"We are excited for drilling operations to get underway at Anchois and we look forward to keeping the market updated on developments as appropriate."

KeyFacts Energy: Chariot Oil & Gas Morocco country profile

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