Chariot Limited Updates on Anchois-3 Gas Drilling
Company Announcements

Chariot Limited Updates on Anchois-3 Gas Drilling

Chariot Oil & Gas (GB:CHAR) has released an update.

Chariot Limited, an Africa-focused transitional energy group, has updated stakeholders on the drilling operations at the Anchois-3 well in the Lixus Offshore licence, offshore Morocco. Preliminary results from the main hole drilling indicate the presence of gas-bearing reservoirs, with further analysis required to assess the impact. The company has plugged and abandoned the initial pilot hole after discovering water-bearing reservoirs and plans to continue evaluating deeper objectives in the drilling project.

For further insights into GB:CHAR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskChariot Limited Chairman’s Share Transactions Unveiled
TipRanks UK Auto-Generated NewsdeskChariot Oil & Gas Expands Share Capital
TipRanks UK Auto-Generated NewsdeskChariot Oil & Gas Names New Chairman Amidst Strategic Focus
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App