Chariot Oil & Gas Limited Company News

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Wildcatters Still a Gamble for Investors Despite Oil's Rise
Thursday, October 11, 2018 Even with talk that prices of $100 a barrel could again be in sight, investors are wary before taking the gamble.

Drillship to Spud Offshore Namibia Well
Friday, September 28, 2018 The Ocean Rig Poseidon has been mobilized to drill the Prospect S Well in Petroleum Exploration License (PEL) 71 offshore Namibia.

Offshore Namibia Dud Dims Outlook for New Play
Monday, September 24, 2018 Tullow Oil Plc said an exploration well off Namibia was a dud, damping enthusiasm over a frontier area that's attracted renewed interest amid oil's recovery.

Chariot Oil & Gas Exits Mauritania License
Thursday, June 16, 2016 Chariot Oil & Gas Limited elects not to enter into the First Renewal Phase of the C-19 license in Mauritania.

Chariot Oil & Gas Limited Reduces Personnel, Payroll
Tuesday, May 10, 2016 Chariot Oil & Gas Limited will reduce its personnel and payroll as part of its ongoing focus on capital discipline in light of the "continuously challenging business environment".

Eni Enters Offshore Morocco Exploration Permits
Wednesday, March 30, 2016 Eni signs a farm-in agreement with Chariot Oil & Gas to enter into Rabat Deep Offshore exploration permits I-VI, located in the Northern Atlantic Margin of Morocco.

Chariot Oil & Gas Commences Seismic Survey Offshore Brazil
Thursday, March 10, 2016 Chariot Oil & Gas Limited commences a 3D seismic acquisition survey offshore Brazil, covering several of its 100% operated licenses.

Chariot Commences 3D Seismic Program Offshore Namibia
Monday, January 18, 2016 Chariot Oil & Gas Limited commences a 3D seismic acquisition survey of approximately 1,000 square miles in Blocks 2312 and 2412A offshore Namibia.

Chariot, Woodside Farm-Out Approved by Moroccan Government
Wednesday, December 24, 2014 A farm-out deal that will see Woodside take a stake in the Rabat Deep Offshore permits held by Chariot Oil & Gas is approved by the Moroccan authorities.

Chariot Completes Moroccan Seismic Survey
Tuesday, April 29, 2014 Chariot Oil & Gas completes a 654-square miles 3D seismic data survey across its areas of interest offshore Morocco.

Chariot Begins 2D Seismic Survey Offshore Namibia
Thursday, December 19, 2013 Chariot Oil & Gas begins a 2D seismic survey over Southern Block 2714B offshore Namibia.

Chariot Farms Out Mauritanian Block to Cairn
Thursday, August 08, 2013 Cairn Energy to acquire a 35-percent interest in Block C19, offshore Mauritania, from Chariot Oil & Gas.

West Africa: Firms Persevere with Pre-Salt Drilling
Monday, June 10, 2013 A couple of disappointments in the pre-salt layer offshore Namibia causes a rethink at Chariot Oil & Gas, but plenty of other firms still see opportunities in West African pre-salt.

Petrobras, Partners Awarded License Extension over Namibian Block
Friday, June 07, 2013 Petrobras and its partners in Block 2714A, offshore Nambia, are awarded a one-year license extension.

Chariot Completes 3D Seismic Program Off Mauritania
Monday, January 14, 2013 3D seismic data collected in Block C19, offshore Mauritania, fulfills Chariot's initial three-year work commitment within the block.

Chariot Commences Seismic Gig Offshore Mauritania
Monday, November 19, 2012 Chariot Oil & Gas Limited has commenced its 3D seismic survey in Block C19 offshore Mauritania, which was acquired in April 2012 (90% working interest and operatorship).

Chariot Adds Acreage Offshore Morocco
Thursday, October 25, 2012 Chariot has entered a petroleum agreement with the Government of the Kingdom of Morocco for a 75% interest and operatorship of offshore license Rabat Deep.

Chariot Signs Seismic Gig Offshore Mauritania
Friday, October 19, 2012 Chariot Oil & Gas Limited announced that it has signed a contract for acquisition of 3D seismic survey in Block C19 offshore Mauritania.

Chariot Becomes Latest Firm to Bet on Offshore Morocco
Thursday, October 11, 2012 West Africa-focused junior Chariot Oil & Gas acquires 75% interest in two exploration blocks offshore Morocco.

Chariot Spuds Nimrod Prospect
Friday, July 27, 2012 Chariot Oil & Gas begins second drill in four-to-five well drilling program.

E&P Companies Explore Offshore Namibia's Hydrocarbon Potential
Friday, June 29, 2012 Recent giant discoveries offshore West Africa, including the Jubilee discovery offshore Ghana and additional discoveries offshore Angola, have sparked new interest in the West Africa's Atlantic Margin.

Chariot Secures UDW Drillship for Nimrod Prospect
Monday, May 21, 2012 Chariot has reached an agreement with Ocean Rig UDW to use the Ocean Rig Poseidon to drill the Kabeljou (2714/6-1) well on the Nimrod prospect.

Chariot Plugs and Abandons First Well in Namibe Basin Campaign
Monday, May 14, 2012 Africa-focused Chariot Oil & Gas will plug and abandon the Tapir South pre-salt prospect since the well contained no commercial hydrocarbons.

Chariot Expands Portfolio with Mauritanian PSC
Tuesday, April 10, 2012 Africa-focused Chariot Oil & Gas has entered into a production sharing contract with Mauritania for a 90-percent interest in the 5,450-square mile offshore Block C19

Max Petroleum's Tools Get Stuck in Hunt for Pre-Salt Hydrocarbons
Thursday, April 05, 2012 Kazakhstan-focused Max Petroleum now expects to hit total depth at the Emba B prospect in June.

Chariot Spuds Tapir South Prospect Offshore Namibia
Thursday, April 05, 2012 Chariot has commenced drilling the first well, 1811/5-1, of its 4 to 5 well drilling program offshore Namibia.

Chariot Raises Funds as it Prepares for Tapir South Drill
Tuesday, March 20, 2012 Maersk Deliverer rig en route to drilling site offshore Namibia.

BP Acquires Further 20% of Namibian Offshore Block
Friday, March 16, 2012 As BP acquires additional equity interest in an offshore Namibian bloc, a change in equity ownership does not affect current program for Licence 20.

Imminent Exploration to Determine Pre-Salt Opportunity
Friday, March 09, 2012 Investment bank Westhouse Securities has highlighted drilling by London-listed junior explorers as being important dates in the pre-salt calendar.

Chariot Signs Up Maersk Deliverer for Namibian Well
Tuesday, March 06, 2012 Chariot Oil & Gas is using the Maersk Deliverer rig to drill a prospect offshore Namibia that could prove "transformational" for the company.

Chariot Wraps Up Seismic Gig Offshore Namibia
Wednesday, February 08, 2012 Chariot O&G has completed the 3D seismic acquisition program across its Central Blocks (2312 A & B and Northern halves of 2412 A & B) offshore Namibia.

Chariot Seeks Available Rigs for Tapir South Exploration
Wednesday, November 30, 2011 Chariot is in active negotiations regarding a number of other available rigs and now expects to spud the Tapir South exploration well in 2Q 2012.

Seismic Work Underway at Chariot's Central Blocks
Monday, November 14, 2011 Chariot O&G announced that the 3D seismic acquisition program in its Central Blocks has commenced in conjunction with Petroleum Geo-Services.

Chariot Receives Drilling Permit Offshore Namibia
Monday, November 07, 2011 Chariot announced that the drilling permit for its Tapir South prospect offshore Namibia has been received from the Ministry of Mines and Energy.

Chariot Sells Stake in Namibia Block to BP
Monday, August 08, 2011 Chariot has entered into a farm-out agreement with BP, whereby BP will acquire a 50% share of Chariot's equity interest in Southern Block 2714A (License 20).

Chariot O&G In Talks to Farm-Out Blocks Offshore Namibia
Thursday, March 31, 2011 Chariot O&G provided an update on the farm-out process and progress with regard to drilling plans and further exploration work achieved across its license acreage offshore Namibia.

Chariot O&G Boosts Prospective Resources by 36% Offshore Namibia
Friday, February 25, 2011 Chariot O&G announced an increase of a further 700 million barrels from 1.940 to 2.631 billion barrels, up 36%, in its estimate of gross unrisked mean prospective resources in its Northern license offshore Namibia.

Chariot O&G Touts 13.2B Barrels Offshore Namibia
Thursday, January 13, 2011 Chariot O&G reported an increase of a further 3.1 billion barrels in its estimate of gross unrisked mean prospective resources in its Southern license 2714A offshore Namibia.

Chariot O&G Ramps Reserves Offshore Namibia
Monday, September 06, 2010 Chariot O&G updated its Namibian resource potential. A further 1.5 billion barrels of unrisked prospective resources have been identified, the total gross resource volume now standing at over 10 billion barrels.

Chariot O&G to Begin First Renewal Phase for Blocks Offshore Namibia
Tuesday, August 31, 2010 Further to the approval received from the Ministry, Chariot will enter the First Renewal Phase for the Northern blocks and 2714B in the South offshore Namibia.

Chariot O&G Gets Go-Ahead to Enter Offshore Namibia Blocks
Monday, August 16, 2010 Enigma has received formal approval from the Ministry of Mines and Energy in Namibia to enter the First Renewal Phase for its Northern Blocks, offshore Namibia.

Chariot O&G to Commence Seismic Interpretation Offshore Namibia
Tuesday, July 06, 2010 Chariot O&G will commence mapping and interpretation of the data across each block of interest in order to further define targets for drilling offshore Namibia.

Chariot Oil & Gas Makes Headway on Namibian Blocks
Friday, February 26, 2010 "The past six months have been important for Chariot with a great deal of work being done in-house on our Namibian blocks as well as carrying out substantial due diligence on a variety of new opportunities," said Paul Welch.

Chariot Completes Offshore Namibia Seismic
Tuesday, January 05, 2010 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.