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Chariot Oil & Gas Ltd. (via Public) / Key Terms Agreed on New Licence, Morocco - Vimarsana News

Chariot Oil & Gas Ltd. (via Public) / Key Terms Agreed on New Licence, Morocco

Key Terms Agreed on New Licence, Morocco Capturing Prospective Acreage around Value Accretive Anchois Gas Project Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused transition energy company, is pleased to announce that it has negotiated the key terms of a new licence, Rissana Offshore ('Rissana') in Morocco. The formal award of the licence is anticipated to occur in 2021 and is subject to the normal Moroccan regulatory procedures and approvals. · 75% interest and operatorship of the Rissana licence to be awarded to a wholly owned subsidiary of Chariot Oil & Gas Limited in partnershi...