RE: Breakout17 Nov 2023 05:57
Gooner,
Concerning partnering.
June 2023 Update:
- 40 companies had been in the data room
-The process was described as competitive (I assume this means companies were bidding to partner?)
-As of June 23, Chariot had received a number of 3rd party farmout offers and (I assume based on those offers ) anticipated that Chariot would retain a material stake in the licences and that there would be an upfront cash consideration
September 2023 Update:
-Negotiations on partnering for Anchois and the wider Lixus and Rissana Offshore licences in final stages
- The partnering process has taken time due to the high level of interest, but it is now close to a conclusion and we look forward to updating the market on this as soon as we can.
Oct Update:
- This (EIA) is a key building block for sanctioning the project's development, alongside other activities such as our partnering process which is close to conclusion.