Tuesday, November 5

Chariot Starts Drilling of Rabat Deep 1 Well in Morocco

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Saipem 12000 drillship has commenced the drilling of the Rabat Deep 1 well.

Operations are expected to take approximately 50 days and further announcements will be made as appropriate.

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, is pleased to announce that the Saipem 12000, a sixth generation ultra-deepwater drillship, has commenced drilling on the Rabat Deep Permits in Morocco (Eni Maroc B.V. 40% (operator), Woodside Energy (Morocco) Pty Ltd 25%, ONHYM 25%, Chariot Oil & Gas Investments (Morocco) Limited 10%).

For more information, please visit: http://www.chariotoilandgas.com

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