Chariot To Drill In Offshore Namibia’s Central Block

Drilling Activity Details

Locations

Namibia

Operators
Post Date
Shore Type
Geo Coordinate

Drilling Activity Summary

Description

Chariot Oil & Gas is preparing to drill in offshore Namibia’s Prospect S. The prospect has 459 MMbbl gross mean prospective resources, with a further future potential upside of 2.2 Bbbl in other prospects within the Central Blocks license in Namibia. Prospect S is one of five dip-closed structural traps, with 1.758 Bbbl gross mean prospective resources, that have been identified in the Upper Cretaceous turbidite clastic play fairway. Two other higher risk-reward stratigraphic traps have an estimated 885 MMbbl gross mean prospective resources. The company could also drill a second well, depending on the outcome of the currently planned drilling. London-based Chariot is the operator of the Central Blocks license (65%) with partners AziNam (20%), NAMCOR (10%) and Ignitus (5%.