Chariot Ltd Regulatory News (CHAR)

3 June 2019

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 company, announces that Andrew Hockey has been appointed as an Independent Non-Executive Director with immediate effect.

Andrew has over 35 years' experience in the oil & gas industry, with specific expertise in the development and production of gas assets in the UKCS sector. Andrew was a founder of Fairfield Energy Limited with whom he is a Non-Executive Director and was previously a Non-Executive Director and Chairman of Sound Energy Plc, a mid-cap Moroccan gas company. He has previous experience with Eni, Fina, LASMO, Triton Energy and Monument. Andrew is currently CEO of Independent Oil and Gas Plc, a UK-based development and production operator with assets in the Southern North Sea gas basin.

George Canjar, Chairman, commented:

"On behalf of the Company I am very pleased to welcome Andrew to the Board. His experience in Morocco and his expertise with delivering gas appraisal and development projects in the UK and elsewhere will no doubt prove invaluable as we seek to deliver value from the Anchois gas discovery in Morocco. Furthermore, his experience in the oil and gas sector will enhance our decision making and strategic planning." 

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.

Andrew Raymond Hockey, aged 59, was appointed as a Director of Chariot Oil & Gas Limited on 3 June 2019. He has the following additional current and former directorships in the previous five years:

Current Directorships:

Independent Oil and Gas Plc

IOG Infrastructure Limited

IOG North Sea Limited

IOG UK Limited

Avalonia Energy Limited

Avalonia Energy Appraisal Limited

Avalonia Energy Developments Limited

Avalonia Abbeydale Limited

Avalonia Goddard Limited

Decom Energy Limited

Fairfield Energy Limited

Fairfield Energy Holdings Limited

Fairfield Fagus Limited

Fairfield Betula Limited

Decom Energy (No.1) Limited

Fairfield Decom Limited

Andrew Hockey Advisory Limited

Former Directorships in Previous Five Years:

Fairfield Energy No.1. Limited

Ineos Clipper South B Limited

Ineos Clipper South C Limited

Sound Energy Plc

Coro Europe Limited

Taiga Energy Limited

NOTES TO EDITORS

ABOUT CHARIOT

Chariot Oil & Gas Limited is an independent oil and gas company focused on the Atlantic margins. It holds exploration licences covering two blocks in Namibia, three blocks in Morocco and four blocks in the Barreirinhas Basin offshore Brazil.

The ordinary shares of Chariot Oil & Gas Limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'