Chariot Limited

Equities

CHAR

GG00B2R9PM06

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 09:05:17 10/05/2024 pm IST			5-day change	1st Jan Change
8.16 ^GBX	-4.90%		-11.88%	-18.24%

08/05	Chariot to Release Certain Shares from Escrow; Shares Fall 9%	MT
03/05	Chariot Completes Drilling at Black Mountain Project	MT

Headline

March 09, 2023 at 01:32 pm IST

(via NewsDirect)

Chariot Ltd (AIM:CHAR, OTC:OIGLF) technical director Duncan Wallace speaks to Proactive's Thomas Warner after announcing the completion of the Front-End Engineering and Design (FEED) on the key components of its flagship Anchois gas development project, offshore Morocco.

Wallace reveals what the news means for the business, adding that Chariot will "continue looking for upside" within and around the project.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about Chariot Limited

Chariot to Release Certain Shares from Escrow; Shares Fall 9%	08/05	MT
Chariot Completes Drilling at Black Mountain Project	03/05	MT
EARNINGS AND TRADING: Trident Royalties swings to profit	02/05	AN
Chariot Limited Announces Commencement of Drilling Operations Onshore Morocco	02/05	CI
Chariot to Release 23.6 Million Shares from Voluntary Escrow	18/04	MT
Energean seals Moroccan partnership agreement with Chariot	10/04	AN
Energean Concludes Farm-in Deal for Chariot's Licenses in Morocco	10/04	MT
Emmerson Resources Reports Reserve Estimate for Tennant Creek Projects; Shares Fall 8%	19/03	MT
Chariot mulls future of Transitional Power business	19/03	AN
Chariot Limited Announces Strategic Review of Transitional Power Division	18/03	CI
Chariot completes feasibility study at Nour hydrogen project	11/03	AN
Chariot Limited Announces Completion of Feasibility Study on Green Hydrogen Project in Mauritania	11/03	CI
Transcript : Chariot Limited - Special Call	07/03
Chariot Expands Black Mountain Project, Increases Stake in Wyoming Lithium; Shares Up 11%	01/03	MT
Gaming Realms expects to report annual revenue boost	05/02	AN
Chariot Secures Environmental Impact Assessment Approval for Moroccan Drilling Campaign	05/02	MT
IT, Real Estate Rally Drives Rebound in Australian Shares	02/02	MT
Chariot Uncovers Lithium at Black Mountain Project; Shares Slump 11%	02/02	MT
Creo unveils product in APAC; Unilever hires director	31/01	AN
Chariot eyes Moroccan approvals; first drilling to start this quarter	29/01	AN
Factbox-What are the contentious events behind India's new Ram temple?	21/01	RE
China's diplomats condemn foreign governments over Taiwan post-election remarks	14/01	RE
Chariot to Release Shares from Escrow	12/01	MT
Chariot to Restart Drilling at Wyoming Project in Early January	08/01	MT
EARNINGS AND TRADING: Goldplat profit tumbles despite revenue jump	19/12	AN

Chart Chariot Limited

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Company Profile

Chariot Limited is a Guernsey-based transitional energy company. The Company operates through three business streams: Transitional Gas, Transitional Power and Green Hydrogen. The Company's Transitional Gas is focused on a low-risk gas development project offshore Morocco. Its Lixus Offshore license covers an area of approximately 1,794 square kilometers (km2). The area has data coverage with 3D seismic data covering approximately 1,425 km2 and five exploration wells, including the Anchois-1 and Anchois-2 discovery wells. Its Transitional Power is focused on providing sustainable and reliable energy and water solutions across the continent through building, generating and trading renewable power. Its Green Hydrogen is partnering with Total Eren and the Government of Mauritania on the potential development of a 10 gigawatt (GW) green hydrogen project, namely Project Nour, which covers two onshore areas totaling approximately 5,000 square kilometers (km2) across northern Mauritania.

Sector

Oil & Gas Exploration and Production

Calendar

19/06/2024 - Q4 2023 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.1021 USD

Average target price

0.5574 USD

Spread / Average Target

+445.82%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

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