Chariot Completes Offshore Namibia Seismic

Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company, is pleased to announce that the recent 3D seismic program acquired in the Northern blocks, 1811 A & B, offshore Namibia, has been completed.

This data acquisition program covered 600 km, focusing on an area of specific interest over the previously identified Zamba prospect. Processing and interpretation has commenced and will be completed around mid-2010.

Paul Welch, CEO commented:

"We're pleased to announce that this seismic program has been finished on time and on budget as anticipated. All work program commitments across our blocks of interest are now complete. We look forward to receiving the processed information in due course and welcoming interested parties into the dataroom in the first quarter of 2010."

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