Transformational Growth Through Exploration Oil Capital Conference Morocco Brazil Namibia South Atlantic 100 Ma Reconstruction 1 June 2018 www.chariotoilandgas.com
Why Chariot Means, Motive & Opportunity 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 Brazil with…
Why now An opportunity to accelerate at low cost Worldwide Drillships (7500 WD) Average day rate vs. total contracted utilisation Las Palmas de Gran Canaria. November, 2017 4 June 2018
Opportunity in Namibia W E Good reservoi r B 41 API Proven Oil S R source U R Prospect B V R R Prospect W R R Prospect S Southern Central Blocks Blocks Option World-class source rock 2 source rocks…
Opportunity in Namibia Prospect S Q4, 2018 drilling N S R R 72km2 R 459mmbbls gross mean prospective resource (NSAI). Pg of 29%. All petroleum play elements proven by nearby wells. R Adjacent wells encountered excellent…
Opportunity in Namibia Selected additional prospects Prospect U Prospect S 4 km Prospect W 3 km Prospect V 4 km 7 June 2018 www.chariotoilandgas.com
Opportunity in Brazil 2000 m WD Jubilee Field 1 well 1 well Brazil Barreirinhas Basin CGG Multiclient 3D Seismic 400 m WD 14,500 km2 1 well Chariot 3D seismic 775km2 6 wells 2 wells 1 well 50 m WD…
Opportunity in Brazil Selected targets SW NE Shell R TP-1 TP-2 R All petroleum play elements proven by nearby drilling. R Shallow water wells in the TP-3 basin have encountered excellent quality, oil-prone source…
Opportunity in Morocco Line 1 Gas Gas-condensate RSD-1 production discovery Kenitra-1 LKP-2a Repsol R Rabat Deep 1 R LKP-2a R Rabat Deep LKP-1a Kenitra Mohammedia Kenitra-1 JP-1 Jurassic light oil Chariot production…
Opportunity in Morocco Selected prospects P2/3 P3 P2 Line 1 W E R 72 km2 Line 1 Kenitra Mohammedia W E Proven source rocks, modelled mature kitchens and nearby onshore R Reservoir potential in deltaic and…
Opportunity in Morocco Selected prospects P9 Basin P5 Basin Line 2 P3/4 Shelf W E P9 Shelf P1 Shelf P4 P3 P1 Line 1 Kenitra Mohammedia W E These deltaic and shallow marine clastics targets have Class II & III…
The investment case Chariot to be exposed to the drilling of a giant potential well Q4, 2018 Success in any of Chariots wells has the potential to create transformational value Any success de-risks material running room in each…
Transformational growth through exploration Why invest in Chariot: Transformational impact in the success case of the funded Prospect S well in Namibia: Material upside in the adjoining Chariot acreage in the success case Downside…
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