Chariot Regulatory News (CHAR)

15 Dec 2009 07:00



Immediate Release 15 December 2009

Chariot Oil & Gas Limited

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

Senior Technical Team Appointments

Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused oil and gas exploration company is pleased to announce senior appointments to the Company's in house technical team with Matthew Taylor joining as Exploration Director and Julia Kemper as Senior Staff Geophysicist.

Matthew Taylor, Exploration Director

Matthew is a petroleum geologist who has worked in the industry for nearly thirty years. He began his career with BP Exploration in 1980 and subsequently held senior geologist posts with BHP Petroleum and Triton Energy. Further to this Matthew consulted and advised a range of clients including Chevron, Dana Petroleum and Marathon Oil on New Venture projects, both identifying targets and providing detailed prospect and basin evaluations and opportunity assessments. Subsequent to this, he played a major role in the acquisition of exploration acreage in Namibia, Oman, Senegal, Togo and Western Europe working for Hunt Oil. Since 2006, Matthew has continued to provide strategic exploration advice and geological expertise to international oil companies through his consultancy agency GEO International Limited. Matthew is a member of the AAPG and a Fellow of the Geological Society of London and holds an honours degree in Geology from the University of Durham.

Julia Kemper, Senior Staff Geophysicist 

Julia has more than 25 years of experience in the oil and gas industry having worked as a geophysicist for both BP and Shell and more recently as senior geophysicist with Hunt Oil and MND Exploration & Production. She has been involved in all aspects of geophysical work throughout her career and has been a formative part of, and had key roles in, New Venture divisions. Julia specialises in the development, interpretation and evaluation of 2D and 3D seismic programmes as well as the assessment of new opportunities. She has a long track record working in Namibia and her knowledge of the country contributed to securing the offshore acreage for Hunt Oil in 2005.  She holds a degree in Geology from Trinity College Dublin as well as an MSc in Exploration Seismology from Oxford University.

Paul Welch, CEO commented:

"I am very pleased to welcome Matthew and Julia to the Chariot team. They bring a wealth of experience in both their knowledge of Namibia and their new venture evaluation expertise. We look forward to working together as Chariot continues to build its in house capabilities as part of its growth and development." 

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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 eight blocks in Namibia, all of which are offshore. All of these blocks are currently in the exploration phase. 

Shares in Chariot Oil & Gas limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'.

Other

KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated by the Financial Services Authority for investment business activities, is acting for the Company as nominated adviser 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.