Growth Through Exploration Africa E&P Summit Morocco Brazil Namibia South Atlantic 100 Ma Reconstruction 1 May 2018 www.chariotoilandgas.com
Why Chariot Means, Motive & Opportunity Morocco Means: Strong balance sheet and funding position with a matured portfolio Cash and liquidity significantly exceed work programme commitments Drill-ready portfolio in Namibia and…
Why now An opportunity to accelerate exploration activity at low cost Worldwide Drillships (7500 WD) Average day rate vs. total contracted utilisation Las Palmas de Gran Canaria. November, 2017 4 May 2018…
Opportunity in Morocco Line 1 RSD-1 Kenitra-1 LKP-2a Rabat Deep W E RSD-1 Line 2 LKP-1B LKP-1A JP-1 JP-2 W E 5 May 2018 www.chariotoilandgas.com
Opportunity in Morocco Selected Prospects LKP-2a Kenitra Line 1 Line 2 W E W E LKP-2a Kenitra 143km2 88km2 (F-N)*F EEI15 6 May 2018 www.chariotoilandgas.com
Opportunity in Brazil Ghana / Cote dIvoire Barreirinhas Basin 7 May 2018 www.chariotoilandgas.com
Opportunity in Brazil Selected Prospects SW NE Shell Chariot 1-BRSA-729 R TP-1 TP-2 R 1-BRSA-729 R TP-3 TP-1 78km2 TP-3 48km2 KP-2 36km2 KP-3 99km2 8 May 2018 www.chariotoilandgas.com
Opportunity in Namibia W E Good reservoir B 41 API Proven source Oil S R Prospect B U R R V R Prospect W R R Prospect S Southern Central Blocks Blocks Option World-class source rock 2 source rocks Primary…
Namibia Prospect S Q4, 2018 drilling N S R R R 72km2 R All petroleum play elements proven by nearby drilling. Wells adjacent to Chariot acreage encountered excellent quality, oil-prone source rocks. Light oil (41o API)…
Namibia Selected Prospects Prospect U 4 km Prospect W 3 km Prospect V 4 km 11 May 2018 www.chariotoilandgas.com
Outlook Opportunity to capitalise on a technically mature portfolio 3D seismic data 2478 km2 775 km2 6100 km2 143 km2 78 km2 72 km2 Large structural closure IMPLIED INDUSTRY RANKING 3-way 4-way 4-way INCREASING…