Simon Thompson
Aim-traded Chariot Oil & Gas (CHAR:4p), a £14.7m market cap oil exploration company with activities in Morocco, Namibia and Brazil, has been awarded a 75 per cent interest and operatorship in the Lixus Offshore Licence, Morocco, in partnership with state-owned oil company Office National des Hydrocarbures et des Mines (ONHYM) which holds a 25 per cent carried interest.
