Operations Update October 2018 Morocco Brazil Namibia South Atlantic 100 Ma Reconstruction 1 October 2018 www.chariotoilandgas.com
Operations Update Summary Namibia: Prospect S drilling: The Prospect S well failed to deliver a transformational discovery. Safely operated the drilling of a deepwater well, at the bottom of the cost-cycle, spudding within 6 months…
Morocco Summary Ownership: Gas Mohammedia 75% (Op.); ONHYM 25%. Gas-condensate production discovery Kenitra 75% (Op.); ONHYM 25%. Rabat Deep 10%; Eni (Op.) 40%; Woodside 25%; ONHYM 25%. Repsol Recent Chariot Activity: Rabat…
Morocco Portfolio NW RSD-1 SE Line 1 Seabed Pock marks LBS-1 NE with geochemical anomalies Neogene Pliocene MCU Cretaceous Upper Jurassic Nappe Lower - Middle Jurassic K Basement Source Anchois, LNB-1 & RJB-3 Ain…
Brazil Summary 2000 m WD Jubilee Field 1 well Brazil Barreirinhas Basin CGG Multiclient 3D Seismic 400 m WD 1 well 14,500 km2 Ownership: 6 wells BAR-M-292, 293, 313, 314; 100% (Operator). Chariot 3D seismic 775km2…
Opportunity in Brazil Selected Targets SW NE Shell 1 well 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,…
Outlook and Objectives Strategy underpinned by: Diverse portfolio and a drill-ready inventory with transformational Morocco potential. Core focus on risk management application of technology, technical development and partnering…