Chariot Begins Drilling Operations at Anchois East Well
Chariot Limited has officially commenced drilling operations at the Anchois East well, now referred to as "Anchois-3," located offshore Morocco. The Stena Forth drillship has arrived on site, marking a significant milestone for the company in its efforts to develop the Anchois gas project.
HASSAN BENYOUB 
Adonis Pouroulis, CEO of Chariot, expressed excitement about starting this highly anticipated well, highlighting the potential for substantial growth in the project's resource base, which could exceed 1 trillion cubic feet (Tcf) of gas.
The drilling and flow testing operations are expected to last approximately two months, during which an initial pilot hole will be drilled, followed by a side-track to evaluate the discovered gas sands.Chariot holds a 30% stake in the Lixus Offshore license, which is operated by Energean, owning 45%, while Morocco's National Office of Hydrocarbons and Mines (ONHYM) holds the remaining 25%.
The project aims to enhance Morocco's energy independence and stimulate local economic growth through job creation and investment in the energy sector.Pouroulis thanked the team for their efforts in planning and logistics, and he looks forward to providing updates as the drilling campaign progresses. If successful, the results from Anchois-3 could lead to a swift move towards a final investment decision, further solidifying Chariot's position in the transitional energy market.
