Chariot regains control of Moroccan offshore licences, optimistic about potential development

From Yahoo Finance: 2025-05-15 11:28:00

Chariot regains operatorship and 75% working interest in Lixus and Rissana Offshore licences in Morocco. Anchois gas field has seen three wells drilled, with Anchois-3 well completed in September 2024. Chariot to advance licence work programmes with ONHYM. CEO Adonis Pouroulis sees potential for rescaled Anchois development.

Energean terminates divestment agreement with Carlyle due to unmet regulatory approvals in Italy and Egypt. Initial deal valued at up to $945m not completed. Regulatory approvals outlined in sale and purchase agreement not obtained or waived, leading to cancellation. Chariot to explore further potential in Lixus and Rissana licence areas.

Read more: Chariot regains 75% interest in two Moroccan offshore licences