Chariot Oil & Gas Limited today announces its audited final results for the year ended 31 December 2019. https://www.londonstockexchange.com/news-article/CHAR/2019-final-results/14580277 #CHAR #ChariotOil
Larry Bottomley, CEO: “Lixus is a high-quality asset that has the potential to be of strategic significance to the Kingdom of Morocco. The country has a growing economy and is one of the most attractive places to operate in the world.”
Corporate strategy to focus on monetising near term potential of the Lixus licence and maximising value for investors by developing a Moroccan gas business. Organisation restructured to deliver this strategy with a continued focus on capital discipline.