Chariot Ltd awaits Morocco regulatory approvals for its Loukos license, environmental permit, and partners with Energean PLC to explore offshore gas, aiming for $10M transaction.

Chariot Ltd, an Africa-focused energy company, anticipates regulatory approvals for its Loukos license in Morocco and a partnership transaction with Energean PLC. The company expects approval for an environmental permit allowing up to 20 onshore well operations, which will enable drilling by Q1 2024. In another development, Chariot aims to explore Moroccan offshore gas, focusing on the Anchois gas field with Energean PLC, and hopes to receive $10 million from the transaction.

January 29, 2024
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