Chariot Oil & Gas Ld Appointment of Morocco Country Director (0144B)

TIDMCHAR

RNS Number : 0144B

Chariot Oil & Gas Ld

05 October 2020

5 October 2020

Chariot Oil & Gas Limited

("Chariot", the "Company" or the "Group")

Appointment of Morocco Country Director

Chariot Oil & Gas Limited (AIM: CHAR) the Atlantic margins focused energy company, is pleased to announce the appointment of Pierre Raillard as Morocco Country Director.

Pierre brings to Chariot over 25 years' operational and management experience in the energy industry, with specific expertise in the development of natural gas projects in Africa. Pierre has held senior positions within a number of leading energy firms. He joins the Company from Orca Energy Group, which he returned to as Head of Business Development having previously played a key role in the development of the Songo Songo gas field, located offshore Tanzania, which is analogous to Chariot's Anchois gas development project, located offshore Morocco. Pierre has also held leadership roles at African Petroleum Corporation, Perenco and OneLNG.

Adonis Pouroulis, Acting CEO, commented:

"On behalf of everyone at Chariot, I am very pleased to welcome Pierre Raillard as Morocco Country Director. His considerable experience in driving forward, and helping to create value from natural gas projects across the African continent makes him extremely well qualified to help us advance the Lixus licence in Morocco. We are pleased to further strengthen the leadership team and look forward to his contribution at this exciting time for Chariot and all of our stakeholders."

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

 
 For further information please contact: 
 
  Chariot Oil & Gas Limited 
  Adonis Pouroulis, Acting CEO 
  Julian Maurice-Williams, CFO                  +44 (0)20 7318 0450 
 
   finnCap (Nominated Adviser and Broker) 
   Christopher Raggett (Corporate Finance) 
   Andrew Burdis (ECM)                          +44 (0)20 7220 0500 
 Celicourt Communications (Financial PR) 
  Mark Antelme 
  Jimmy Lea                                   +44 (0)20 8434 2754

NOTES TO EDITORS

ABOUT CHARIOT

Chariot Oil & Gas Limited is an independent energy company which holds a high value, low risk gas development project with strong ESG credentials in a fast growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. The ordinary shares of Chariot Oil & Gas Limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'

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