4 Sep 2012 11:59
Tuesday 4 September 2012
Chariot Oil & Gas Limited
Response to Share Price Movement
Chariot Oil & Gas Limited (AIM: CHAR), the independent Africa focused oil and gas company, notes the recent fall in the share price.
As announced on 27 July 2012, the drilling of the Kabeljou exploration well on the Nimrod prospect has commenced and operations are continuing. The results of the well are not yet known. Once the well has reached TD and the results have been logged a further announcement will be made.
-Ends-
Chariot Oil & Gas Limited | +44 (0)20 7318 0450 |
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Paul Welch, CEO |
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RBC Capital Markets (Joint Broker and NOMAD) Martin Eales, Pierre Schreuder
UBS Investment Bank (Joint Broker) Philip Wolfe, Rahul Luthra
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+44 (0)20 7568 1000
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FTI Consulting Ben Brewerton, Edward Westropp | +44 (0)20 7831 3113
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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'.
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
Chariot Ltd (CHAR)