Chariot Limited · LSE:CHAR
Chariot — Africa E&P Summit (May 2018)
12 slides from Chariot's conference presentation, May 1, 2018
Slide 1: Growth Through Exploration - Africa E&P Summit
Growth Through Exploration Africa E&P Summit Morocco Brazil Namibia South Atlantic 100 Ma Reconstruction 1 May 2018 www.chariotoilandgas.com
Slide 2: Disclaimer and forward looking statements
Disclaimer and forward looking statements These Presentation Materials do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities in the Company nor shall they or any part of them form the basis of or be r
Slide 3: Why Chariot? Means, Motive & Opportunity
Why Chariot? Means, Motive & Opportunity Morocco Means: Strong balance sheet and funding position with a matured portfolio Cash and liquidity significantly exceed work programme commitments Drill-ready portfolio in Namibia and Brazil with Morocco to follow shortly Fully-funded for the Namibian explo
Slide 4: Why now? An opportunity to accelerate exploration activity at low cost
Why now? An opportunity to accelerate exploration activity at low cost Worldwide Drillships (>7500’ WD) Average day rate vs. total contracted utilisation Las Palmas de Gran Canaria. November, 2017 4 May 2018 www.chariotoilandgas.com
Slide 5: Opportunity in Morocco
Opportunity in Morocco Line 1 RSD-1 Kenitra-1 LKP-2a Rabat Deep W E RSD-1 Line 2 LKP-1B LKP-1A JP-1 JP-2 W E 5 May 2018 www.chariotoilandgas.com
Slide 6: Opportunity in Morocco - Selected Prospects
Opportunity in Morocco Selected Prospects LKP-2a Kenitra Line 1 Line 2 W E W E LKP-2a Kenitra 143km2 88km2 (F-N)*F EEI15 6 May 2018 www.chariotoilandgas.com
Slide 7: Opportunity in Brazil
Opportunity in Brazil Ghana / Cote d’Ivoire Barreirinhas Basin 7 May 2018 www.chariotoilandgas.com
Slide 8: Opportunity in Brazil - Selected Prospects
Opportunity in Brazil Selected Prospects SW NE Shell Chariot 1-BRSA-729 R TP-1 TP-2 R 1-BRSA-729 R TP-3 TP-1 – 78km2 TP-3 – 48km2 KP-2 – 36km2 KP-3 – 99km2 8 May 2018 www.chariotoilandgas.com
Slide 9: Opportunity in Namibia
Opportunity in Namibia W E Good reservoir B 41 API Proven source Oil S R Prospect B U R R V R Prospect W R R Prospect S Southern Central Blocks Blocks Option World-class source rock 2 source rocks Primary Objective Level Prospect S: 358 MMstb Outboard Secondary Objective Outboard Level (S106) High H
Slide 10: Prospect S – Q4, 2018 drilling
Namibia Prospect S – Q4, 2018 drilling N S R R R 72km2 R All petroleum play elements proven by nearby drilling. Wells adjacent to Chariot acreage encountered excellent quality, oil-prone source rocks. Light oil (41o API) recovered adjacent to Central Blocks in reservoirs of the same age as some of C
Slide 11: Namibia Selected Prospects
Namibia Selected Prospects Prospect U 4 km Prospect W 3 km Prospect V 4 km 11 May 2018 www.chariotoilandgas.com
Slide 12: Outlook
Outlook Opportunity to capitalise on a technically mature portfolio 3D seismic data 2478 km2 775 km2 6100 km2 143 km2 78 km2 72 km2 Large structural closure IMPLIED INDUSTRY RANKING 3-way 4-way 4-way INCREASING IMPORTANCE Class III AVO- Geophysical attributes supportive of h/c’s conformance Hard san