Chariot Ltd - Devon, England-based Africa-focused transitional energy company - Hires the London branch of Paris-based bank Societe Generale SA as its financial advisor. SocGen will oversee debt funding for Chariot's flagship Anchois gas project offshore Morroco, Chariot explains. "We had a very successful gas drilling campaign earlier in the year and are keen to progress the development of the project to cashflows as quickly as possible," Chief Executive Officer Julian Maurice-Williams comments.
Current stock price: 21.57 pence, up 9.5% on Tuesday
12-month change: up from 8.83p
By Tom Budszus; tombudszus@alliancenews.com
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Chariot Ltd (CHAR)