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douginil

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douginil

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Monday, 07/27/2020 9:12:01 AM

Monday, July 27, 2020 9:12:01 AM

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Chariot Oil & Gas (CHAR) announced that Larry Bottomley, CEO, also has “stepped down”

[[ Thanks to Oilman Jim ]]

July 27, 2020

Chariot Oil & Gas (CHAR) announced that Larry Bottomley, CEO, also has “stepped down” with immediate effect. In light of the current lack of market appetite for exploration activity, Chariot plans to evaluate other opportunities available to it. Their previously announced 2019 final results highlighted that exploration in frontier regions has fallen out of favour and there now is a need for nearby / adjacent discoveries to unlock basin potential.
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