Holding(s) in Company

Immediate release 13 September 2010

Chariot Oil & Gas Limited

(the "Company")

Holding in Company

Chariot Oil & Gas Limited was notified today that, as of 8 September 2010, Libra Advisors LLC now holds 4,170,696 ordinaryshares in the Company. Its holding is now less than 3% of the Company's issued ordinary share capital and no longer falls to be disclosed.

- Ends -

Contacts:

Artemis Secretaries Limited PO Box 100 Sydney Vane House Admiral Park St Peter Port Guernsey GY1 3EL

Ambrian Partners Limited (NOMAD) +44 (0)20 7634 4856

Richard Swindells