Rabat Deep, Mohammedia and Kenitra are situated up to 50km offshore North Morocco and cover a combined area of just over 15,500km2.
Chariot is partnered with the Office National des Hydrocarbures et des Mines ("ONHYM") which holds a 25% carried interest in all licence areas. In Rabat Deep, Chariot is also partnered with Woodside (25%)and Eni (40%, operator), whereas in Mohammedia and Kenitra Chariot hold 75% equity and operatorship.
|Asset||Licence||Operator||Interest %||Status Phase||Licence Area km2|
|Rabat Deep||Rabat Deep||Chariot Oil & Gas Investments (Morocco) Limited||
|Mohammedia||Mohammedia||Chariot Oil & Gas Investments (Morocco) Limited||75||Exploration||4,654|
|Kenitra||Kenitra||Chariot Oil & Gas Investments (Morocco) Limited||75||Exploration||1,400|
Taxation of oil production: