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Re: None

Tuesday, 02/06/2018 3:14:10 AM

Tuesday, February 06, 2018 3:14:10 AM

Post# of 1633
Looks like Tullow will share rig with Chariot

PCL together with Tullow & ONGC is planning to drill offshore Namibia in September 2018. According to Chariot O&G CEO Bottomley they are in negotiations with Tullow to synergize their Drilling programs

www.proactiveinvestors.co.uk/companies/stocktube/8483/chariot-oil-gas-boss-looks-ahead-to-exciting-2018-8483.html

"We’re looking to drill prospect S in the Central Blocks in the 2nd half of next year, there’ll be third party drilling at the same time so we’re in discussions and negotiations with them to see how we can synergize these programs to reduce those costs even further. Prospect S (29% COS) is a 300 million barrel prospective resource net to Chariot and there are another 6 prospects that will be derisked by that, another 1.4 billion barrels in that portfolio."