Chariot Oil & Gas starts 3D survey of two blocks in Namibia

Chariot Oil & Gas, an independent oil and gas exploration company, has started a 3D seismic acquisition survey of approximately 2,600 square km in Blocks 2312 & 2412A (the Central Blocks), offshore Namibia. 

Chariot Oil & Gas’ partners are AziNam with 20% interest, NAMCOR 10%, and Ignitus with 5% interest.

The survey is being conducted by PGS Exploration (UK) Limited and will fulfil the work commitment for the Central Blocks.

Following the analysis of its survey of approximately 1,700 line km of 2D seismic data acquired on the north western flank of the licence in 2015, the company has identified several significant additional leads within the Upper Cretaceous deep water clastic turbidite system, Chariot said on Monday.

The company further explained that, whilst there are drill ready prospects already identified in the Central Blocks, this 3D survey will enable Chariot and its partners to mature these new leads and further develop its inventory in this region, which it believes to contain giant prospectivity.

The survey is expected to take approximately 40 days.

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