Chariot OiI & Gas

Website: www.chariotoilandgas.com
Primary ticker: AIM:CHAR
Stage of development: Exploration
Project types: Oil – conventional offshore, Gas – conventional offshore, Deepwater drilling
Project to promote: Lixus licence

Live financials

Chariot Oil & Gas is an independent, AIM-listed, Atlantic margins focused oil and gas exploration company. The Company has a number of highly prospective offshore licences in frontier, established and emerging basins in; Morocco, Brazil and Namibia. These assets have considerable potential – with estimates suggesting they hold in excess of 3.5bnbbls+ gross mean prospective resources. Chariot has amassed a diverse portfolio of licences, which offer shareholders exposure to both transformational, highly prospective oil fields, but also near-term development opportunities, with the potential for near term cash flows.

Management Profile

Larry Bottomley – CEO

Larry has worked in the oil and gas industry for 35 years and has a significant track record of building exploration and production businesses on the international stage, delivering transformational growth and shareholder value.

Larry has worked across a broad spectrum of exploratory and business development roles worldwide, in senior leadership roles with Perenco SA, Hunt Oil, Triton Energy and BP. He has a strong background in integrated geosciences, team management and relationship building and a key aspect of his work has been in the creation, development and delivery of significant drilling programmes that have led to the discovery and development of giant oil fields.


Julian Maurice-Williams – CFO

Julian is a Chartered Accountant with over ten years of experience in the oil and gas sector. Prior to being promoted in May 2015 Julian was Chariot’s Group Financial Controller for 3 years.
Before joining Chariot in 2012 he was a manager within BDO LLP’s natural resources department in London where his client portfolio included Main Market, AIM and ASX quoted oil and mining companies with exploration and production assets primarily in Africa, the Former Soviet Union, South America, Australia and Asia.


What is your rationale for attending 121 Oil & Gas Investment?

We are looking to update existing and potential new investors on the Company’s recent news flow, in particular the acquisition of the Lixus Licence, offshore Morocco.

What recent news would you like to highlight to investors attending?

Chariot acquired the Lixus licence, in partnership with ONHYM, in April this year and has made significant progress to further de-risk it and ascertain what the development options for the field could be. Following two CPR’s the remaining recoverable resources on the licence has been upgraded to be in excess of 2 Tcf.

What do you think makes your company such a compelling investment?

Chariot has amassed a diverse portfolio of licences, which offer shareholders exposure to both transformational, highly prospective oil fields, but also near-term development opportunities, with the potential for near term cash flows.