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