CHARIOT - Performance We have partnered with majors, drilled four potentially transformational but dry wells (two as operator) and secured a 1 Tcf gas resource But.. 30 25 20 SAHRE PRICE (GBP) 15 10 5 0 Jan…
CHARIOT Executive Changes ADONIS POUROULIS Acting Chief Executive Officer Adonis, one of the founders of Chariot and its Namibian, 100% owned, operating subsidiary Enigma, is a mining entrepreneur whose expertise lies in the…
Market Changes and Context 5
CHARIOT - Mission & Principles To create value and deliver positive change through investment Our Mission in projects that are driving the energy revolution Our Values Positive Impact Respect Collaboration CREATE…
Existing Exploration & Production Portfolio MOROCCO BRAZIL Anchois Gas Development 361 Bcf 2C & Material drill-ready portfolio 1.2 Bbbls 2U 690 Bcf 2U Growth through Low-Risk Exploration 1.8+ Tcf 2U Operator, high working…
Moroccan Focus Moroccos primary energy demand is Chariot Morocco Portfolio SPAIN growing and with 96% imported & Gas Infrastructure Pipelines Planned Pipelines Gas has been a growing component of Chariot 3D Seismic the power…
Lixus 2020 PSDM Seismic Reprocessing Improvements Anchois-1 Anchois-1 Legacy PSTM New PSDM Anchois Gas Resources A Sands Significant increase in gas A Sands resource volumes B Sands B Sands Confidence in gas distribution and…
Anchois Field 2020 Resource Assessment (PSDM DATA) Anchois Gas Sands CONTINGENT RESOURCES (Bcf) PROSPECTIVE RESOURCES (Bcf) C/M Sand A Sand B Sand 2020 PSDM 1C 2C 3C 2020 PSDM 1U 2U 3U Anchois-1 Appraisal & Exploration Gas…
Anchois Development Project Update 3D PSDM Seismic Reprocessing completed RESOURCES Updated Independent Assessment Completed Material uplift in resource volumes 1C 2C 3C 2U 201 Bcf 361 Bcf 550 Bcf 690 Bcf +29% +18% +27% +452%…
Anchois Development Project Update 3D PSDM Seismic Reprocessing completed RESOURCES Updated Independent Assessment Completed Material uplift in resource volumes Integrated-Asset-Model completed DEV PLAN Pre-FEED Study…
Well-to-Seismic Calibration: Prospect Identification & Derisking Seismic calibration of thick gas-bearing reservoirs at Anchois, combined with insights from 3 other wells allows the identification of low-risk undrilled exploration…
Lixus Longer-Term Growth Potential LIXUS OFFSHORE Work continues on the exploration upsides from the 3D Seismic, Bathymetry & Prospects Lixus Offshore area on the new PSDM data 3D PSDM The 2019 assessment by NSAI estimated a total of…
Namibia Exploration Update Namibian Atlantic Margin Expected Exploration Activity Chariot 65% and operator 6100km2 proprietary 3D PSDM seismic and extensive 2D No remaining commitments 2312/7-1 well drilled on Prospect S in 2018,…
Brazil Exploration Update Barreirinhas Basin Exploration Activity, Committed & Expected Wells Chariot 100% and operator 0 50 km 800km2 proprietary 3D PSDM seismic acquired Initial Period work programme completed Material portfolio of…
CHARIOT IN SUMMARY NEW TEAM ANCHOIS GAS PROJECT NEW VISION NEW EXPLORATION VENTURES Creating value and delivering positive change through investment in projects that are driving the energy revolution 17
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