Exploration & Production

Chariot wins 75% stake in Kenitra offshore permit

Chariot Oil & Gas has been awarded a 75% interest in the Kenitra offshore exploration permit in Morocco.
By Staff reporter 20 February 2017 0 24063

Chariot Oil & Gas has been awarded a 75% interest in the Kenitra offshore exploration permit in Morocco.

The other 25% is held by Office National des Hydrocarbures et des Mines.

Kenitra is also adjacent to the Mohammedia offshore exploration permits, in which Chariot has a 75% interest.

Kenitra, which covers an area of approximately 140,000 hectares and lies at water depths of 200-1,500 metres, was formerly part of the Rabat Deep permits.