Oil and Gas Round-Up – 22 Feb
Bowleven is the star of the show in an otherwise fairly quiet week in the SmallCapNews universe.
Chariot Oil and Gas reschedules exploration drilling plans
Shares in Chariot Oil and Gas (LON:CHAR) took a tumble in early dealings today as investors digested the news that there would be no drilling until 2014 at the earliest and that the Tapir trend has been dropped from the Namibian prospect inventory. The share price dropped 14% to 25.9 pence.
Oil and Gas Round-Up 2012 – Part 1
2012 has not been a stellar year for the majority of smaller E&P companies. We take a canter through what happened in the SmallCapNews universe. Year to date price in each case is as at 31 December 2012.
Paul Welch steps down as CEO of Chariot Oil & Gas
Paul Welch has stepped down as CEO of Africa focused E&P group Chariot Oil & Gas (AIM:LON) to pursue other interests.
Chariot Oil & Gas launches 3D seismic survey in Mauritania
Africa focused oil and gas exploration company Chariot Oil & Gas (LON:CHAR) has begun a 3D seismic survey over its acreage offshore Mauritania.
Chariot Oil & Gas gets approval for Namibian licence renewals
Chariot Oil & Gas (LON:CHAR) has received approval from the Namibian government to enter the Second Renewal Phase of its northern and southern offshore blocks.
Chariot Oil & Gas acquires interest in Morocco licences
Chariot Oil & Gas (LON:CHAR), the Africa focused oil and gas exploration company, has acquired a stake in two offshore licences in Morocco.
Chariot Oil & Gas rocked by well disappointment in Namibia
AIM quoted exploration group Chariot Oil & Gas (LON:CHAR) has seen the value of its shares tumble on news of a second disappointing well offshore Namibia.
Chariot Oil & Gas begins drilling work on Nimrod prospect
Africa focused oil and gas exploration company Chariot Oil & Gas (LON:CHAR) has confirmed that drilling operations are under way on the Nimrod prospect offshore Namibia.
Chariot Oil & Gas secures drilling rig for second well in Namibia
Chariot Oil & Gas (LON:CHAR), the Africa focused oil and gas exploration company, has reached an agreement with Ocean Rig UDW Inc. to use the Ocean Rig Poseidon drill ship to drill the Kabeljou (2714/6-1) well on the Nimrod prospect offshore Namibia.
Chariot Oil & Gas disappointed by results of first Namibia well
Chariot Oil & Gas (LON:CHAR), the Africa focused exploration company, has failed to find commercial hydrocarbons in the first well in a drilling programme offshore Namibia.
Chariot Oil & Gas snaps up exploration blocks in Mauritania
Chariot Oil & Gas (LON:CHAR), the Africa focused exploration company, has signed a production sharing contract with the government of Mauritania for a 90% interest and operatorship in offshore Block C19.
