Sign up
Oil Capital

Chariot Oil & Gas secures drill rig for Morocco well

Larry Bottomley, chief executive of Chariot Oil & Gas Limited (LON:CHAR), tells Proactive they've secured a drilling rig for the upcoming RD-1 well, targeting the JP-1 exploration prospect.

Project operator ENI has contracted Saipem 12000, an ultra-deepwater drillship, for the programme and it is currently anticipated that the rig will arrive in the later part of the first quarter of 2018 with drilling due to start shortly thereafter.


View full CHAR profile View Profile
View All

© oil Capital 2018

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.