Chariot Oil & Gas Ld – Resource Update

Chariot Oil & Gas Limited (LON:CHAR), the Africa focused oil and gas exploration company, announced an update to its Namibian resource potential.

The press release is quoted as saying:

Following this, a further 1.5 billion barrels of unrisked prospective resources have been identified, the total gross resource volume now standing at over 10 billion barrels. Chariot is also pleased to report an increased Chance of Success across the prospect and lead inventory.

Click here to access the entire press release