Licence Overview - Brazil

Licences BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 are characterised by the Brazilian National Agency of Petroleum, Natural Gas and Biofuel (“ANP”), the state licensing authority, as shallow water blocks and they are located 70km offshore Brazil. The acreage position of the combined licences totals 768km2.

  • Water depths range from 85m to 1,700m
  • Chariot secured this acreage which lies adjacent to Shell with minimal work commitments and low signature bonus
  • 775km2 3D seismic acquired and processed satisfying all work commitments on this phase of exploration
  • Other operators in this basin include Petrobras, Shell, BP and Ouro Preto
Asset Licence Operator Interest %
Status Phase Licence Area km2
292 BAR-M-292 Chariot Oil & Gas Limited 100 Exploration 192
293 BAR-M-293 Chariot Oil & Gas Limited 100 Exploration 192
313 BAR-M-313 Chariot Oil & Gas Limited 100 Exploration 192
314 BAR-M-314 Chariot Oil & Gas Limited 100 Exploration 192

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