Morocco: Woodside farms in to Chariot’s Rabat Deep block

Issue 281 - 12 Jul 2014
Australia’s Woodside Energy has agreed to farm in to Chariot Oil & Gas’ Rabat Deep Offshore Block, taking 25%. Chariot will remain as operator with 50%, while the state Office National des Hydrocarbures et des Mines has a 25% carried interest. Woodside will pay the cost of a 1,700km2 3D seismic survey acquired by Chariot in April and other back costs on the block, and finance planned sonar and seabed coring.

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