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Board Changes

15 Jun 2009 07:00

RNS Number : 8620T
Chariot Oil & Gas Ld
15 June 2009
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ο»Ώ

15Β JuneΒ 2009

AIM: CHAR

ChariotΒ Oil & Gas Limited

('Chariot', the 'Company')

Board Changes

Chariot,Β anΒ independent oil and gas exploration group,Β today announces thatΒ Kevin Broger hasΒ resignedΒ as CEO of the CompanyΒ for personal reasons,Β with immediate effect.Β He will be replaced in the interim by James Burgess, who is currently the Company's Commercial Director.

Chariot would like to thank Kevin forΒ his time with the Company,Β specifically acknowledging his role in the fundraising and listing on AIM and with his work in conjunction with the farm-out agreement signed with Petrobras. The CompanyΒ wishesΒ him well in the future.Β 

For further information please contact:

Chariot Oil & Gas Limited +44 (0)20 7357 9477

James Burgess,Β CEO

KPMG Corporate Finance (Nominated adviser) +44 (0)20Β 7311 1000

Susan Walker

BMO Capital Markets Limited (Broker)Β  Β Β  +44 (0)20 7664 8120

Bill Smith, Adam Janikowski

Hogarth Partnership +44 (0)20 7357 9477

Julian Walker,Β Simon Hockridge

NOTES TO EDITORS

About Chariot

Chariot Oil & Gas Limited (www.chariotoilandgas.com) is an independent oil and gas exploration group. The Group currently holds licences covering ten Blocks inΒ Namibia, eight of which are offshore and two of which are onshore. All of these Blocks are currently in the exploration phase.Β 

Shares in Chariot Oil & Gas limitedΒ areΒ admitted toΒ trading on the AIM Market ofΒ the London Stock Exchange under the symbol 'CHAR'.

KPMG Corporate Finance, a division of KPMG LLP which is authorized and regulated by the Financial Services Authority for investment business activities, is acting for the Company as nominated advisor in relation to the matters set out in this announcement and is not acting for any other person in relation to these matters. KPMG Corporate Finance will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the contents of this announcement.

This information is provided by RNS
The company news service from the London Stock Exchange
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