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Wednesday, 2 May 2018

Chariot Oil & Gas (LON:CHAR) evaluating well data after 'disappointing' result at Rabat Deep: Proactive Investors Stocktube

 Published on 2 May 2018
Larry Bottomley, chief executive of Chariot Oil & Gas Limited (LON:CHAR), discusses with Proactive's Andrew Scott the Rabat Deep exploration well, offshore Morocco, which has failed to find a hydrocarbon accumulation. 


Bottomley says the well was drilled safely to a depth of 3,180 metres and while it didn’t encounter oil or gas it did penetrate a thick top seal and tight, fractured carbonates in the primary Jurassic target.

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