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Chariot Oil & Gas ( (GB:CHAR) ) has shared an update.
Chariot Limited has regained operatorship of the Lixus and Rissana offshore licences in Morocco after Energean plc transferred its interests back to Chariot. With a 75% working interest in each licence, Chariot plans to progress the Anchois gas field development and explore additional potential in the licence areas. The company aims to leverage Morocco’s strong gas market fundamentals and collaborate with stakeholders to advance domestic energy projects.
The most recent analyst rating on (GB:CHAR) stock is a Buy with a £33.00 price target. To see the full list of analyst forecasts on Chariot Oil & Gas stock, see the GB:CHAR Stock Forecast page.
More about Chariot Oil & Gas
Chariot Limited is an Africa-focused transitional energy group with three main business streams: Transitional Gas, Transitional Power, and Green Hydrogen. The company is involved in high-value gas development projects in Morocco, providing sustainable energy solutions across Africa, and developing a significant green hydrogen project in Mauritania.
Average Trading Volume: 2,767,208
Technical Sentiment Signal: Sell
Current Market Cap: £16.15M
See more insights into CHAR stock on TipRanks’ Stock Analysis page.