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Drill Permit Granted

7th Nov 2011 16:46

RNS Number : 6419R
Chariot Oil & Gas Ld
07 November 2011
 



 

 

7 November 2011

 

Chariot Oil & Gas Limited

 

('Chariot', 'the Company' or 'the Group')

 

Drill Permit Granted

 

Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused oil and gas exploration company, is pleased to announce that the drilling permit for its Tapir South prospect (located in Northern Licence 1811 A&B) offshore Namibia has been received from the Ministry of Mines and Energy. This permit was approved and granted further to the review of a detailed well plan, an environmental impact assessment and an oil spill response plan submitted by Chariot.

 

 

For further information please contact:

 

Chariot Oil & Gas Limited

+44 (0)20 7318 0450

Paul Welch, CEO

RBC Capital Markets (Joint Broker and NOMAD)

Josh Critchley, Martin Eales

 

UBS Investment Bank (Joint Broker)

Philip Wolfe, Neil Patel

 

+44 (0)20 7653 4000

 

 

+44 (0)20 7568 1000

 

FTI Consulting

Ben Brewerton, Edward Westropp

+44 (0)20 7831 3113

 

 

 

NOTES TO EDITORS

 

About Chariot

 

Chariot Oil & Gas Limited (www.chariotoilandgas.com) is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these blocks are currently in the exploration phase.

 

Shares in Chariot Oil & Gas limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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