British company extends offshore holdings

The company oil and gas exploration Chariot Oil & Gas announced that it received a 75% share of the offshore license Kenitra, North of Morocco, which along with the offshore in Mohammedia, Moroccan city, could contain more than 1 billion barrels.

The British company reported that your Chariot Oil subsidiary & Gas Investment (Morocco) will carry out exploration in partnership with the national Office of mining and mining (ONHYM) of Morocco, which holds the remaining stake of 25%. In a statement to the press, Chariot Oil & Gas is said to have a new 3D seismic program that evaluates specifically the areas of Kenitra and Mohammedia.

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