28th Sep 2018 15:49
LONDON (Alliance News) - Chariot Oil & Gas Ltd on Friday said deepwater drillship Ocean Rig Poseidon has started its mobilisation with estimated arrival at the prospect S well location in Namibia in the next 24 hours.
The exploration company operates the Central blocks licence offshore Namibia and anticipates that spud will occur shortly after Ocean Rig Poseidon's arrival, with operations taking 40 days.
Shares in Chariot were up 4.9% on Friday at 8.37 pence each.
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