Chariot Inks Concession Agreement for Offshore Brazilian Licences

Chariot Inks Concession Agreement for Offshore Brazilian Licences

Chariot Oil & Gas Limited, the Atlantic margin focused oil and gas exploration company, announces that the Brazilian National Agency of Petroleum, Natural Gas and Biofuel (ANP) has approved and signed the concession agreement for Chariot’s 100% interest and operatorship in licences BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 in the Barreirinhas basin, offshore Brazil.

Chariot’s successful bids for these blocks were detailed in the announcement of 15 May 2013.

The Company will now look to carry out an Environmental Impact Assessment with the aim of planning and implementing a 3D seismic programme across these blocks in 2014.

Press Release, September 02, 2013

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