Chariot Oil and Gas launches exploration of Moroccan plays

Submitted by Paddy Harris on Mon, 2014-04-07 09:48

07th April 2014

UK-owned Chariot Oil and Gas has commenced a 1,700 square kilometre 3D seismic survey across its areas of interest offshore Morocco.

Chariot Oil and Gas Seismic Surveying Morocco Africa

The aim of the survey is to enable the Chariot to mature drillable prospects in the Mio-Pliocene and Jurassic plays identified within this region on reprocessed legacy 2D data.

Chariot Oil and Gas has commenced a 1,700 square kilometre 3D seismic survey across its areas of interest offshore Morocco.

Chariot has contracted Dolphin Geophysical AS to carry out the 3D seismic programme across all three of its Moroccan licence areas using its Sanco Swift vessel. This will encompass around 1,075 square kilometres in Rabat Deep, 250 square kilometres in Loukos Offshore and 375 square kilometres in Mohammedia.

The atlantic margins focused oil and gas exploration firm is working in conjunction with its state-owned partner, ONHYM.

The aim of the survey is to enable the Chariot to mature drillable prospects in the Mio-Pliocene and Jurassic plays identified within this region on reprocessed legacy 2D data. The programme is anticipated to take six weeks to complete and fulfils all of Chariot’s work commitments in each of its Moroccan licences during their current periods of exploration, including that of the Mohammedia Reconnaissance Licence.

Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering eight blocks in Namibia, through its wholly owned subsidiary, Enigma Oil & Gas Exploration (Pty) Limited, one block in Mauritania through its wholly owned subsidiary Chariot Oil & Gas Investments (Mauritania) Limited and three blocks in Morocco through its wholly owned subsidiary Chariot Oil & Gas Investments (Morocco) Limited all of which are offshore. The Group’s wholly owned subsidiary, Chariot Brasil Petróleo e Gás Ltda, has four licences in the shallow water offshore Brazil. All of these blocks are currently in the exploration phase.

Chariot to mature drillable prospects in the Mio-Pliocene and Jurassic plays identified within this region on reprocessed legacy 2D data. The programme is anticipated to take six weeks to complete and fulfils all of Chariot’s work commitments in each of its Moroccan licences during their current periods of exploration, including that of the Mohammedia Reconnaissance Licence.