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Chariot Oil & Gas CEO says £11.7mln fundraise is key turning point in the evolution of the company Chariot Oil & Gas Ltd s (LON:CHAR) Adonis Pouroulis talks to Proactive London s Katie Pilbeam about their new £11.7mln of new capital to fund an appraisal well at the Anchois Gas Development offshore Morocco. Funds will also support work in the acreage surrounding the Anchois discovery, to set up the additional resources for development in the future. Pouroulis says this transitional energy company focused on the African continent has very strong ESG credentials, very relevant to today s world . He says the successful fundraise marks a key turning point in the evolution of the company, as we seek to build a transitional energy business in Africa, that we believe will deliver value for all stakeholders. ....
"Chariot is clearly showing that it is delivering on what it said it would do, namely, advancing the commerciality of the Lixus asset and generating. ....