Chariot Ltd Regulatory News (CHAR)

3 September 2018

Chariot Oil & Gas Limited

("Chariot", the "Company" or the "Group")

Appointment of Director

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, announces that Chris Zeal has been appointed as Independent Non-Executive Director with immediate effect.

Chris has over 30 years of experience in the City providing top level advice to boardrooms across a wide range of sectors. In this period he has been retained by some 20 FTSE100 companies including British Gas, Cairn Energy, and Tullow Oil. Most recently he was Managing Director at Jefferies Hoare Govett (a division of Jefferies Inc.) specialising in corporate broking and investment banking. Prior to this, he held a similar role at Citigroup. Originally, he trained and qualified as a Chartered Accountant with KPMG. Chris is a Director of Ventus VCT plc, a company invested in a portfolio of companies operating wind and hydroelectric renewable energy assets in the UK.

George Canjar, Chairman, commented:

"On behalf of the Company I am very pleased to welcome Chris to the Board. His expertise will enhance our decision making and strategic planning. Furthermore, his in-depth knowledge across a variety of sectors, in particular the oil and gas sector, will no doubt prove invaluable as we seek to deliver the Company's goals." 

Additional Information

The information detailed below is disclosed in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules. Except for the information disclosed below, there is no other information which is required to be disclosed under these rules.

Christopher John Zeal, aged 60, was appointed as a Director of Chariot Oil & Gas Limited on 3 September 2018. He has the following additional current directorships:

Ventus VCT plc

Haines Hill Estate Ltd

Haines Hill Farms Ltd

NOTES TO EDITORS

ABOUT CHARIOT

Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering two blocks in Namibia, three blocks in Morocco and four blocks in the Barreirinhas Basin offshore Brazil. All of these blocks are currently in the exploration phase.

The ordinary shares of Chariot Oil & Gas Limited are admitted to trading on the AIM, a market operated by the London Stock Exchange under the symbol 'CHAR'.