Chariot Limited (OIGLF) Research

Chariot Limited, along with its associated entities, primarily concentrates on the exploration and assessment of oil and gas reserves. Its business operations are structured into two distinct segments: Transactional Gas and Transactional Power. The company possesses notable interests in Morocco, including the Rissana offshore license, which encompasses an area of roughly 8,489 square kilometers, and the Lixus license, covering approximately 2,390 square kilometers. Furthermore, Chariot is active in mining power projects across the African continent. Established in 2007 and based in Saint Peter Port, Guernsey, the company formally adopted its current name, Chariot Limited, in June 2021, having previously been known as Chariot Oil & Gas Limited.

Market snapshot

Symbol
OIGLF
Price
$0.02
Day change
-33.33%
Market cap
$38.2M
P/E ratio
-1.38x
52-week range
0.01-0.07
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 4 days

Recent news

  • Chariot's Angola deal marks a pivot from explorer to cash flow story at exactly the right moment

    Chariot Ltd (AIM:CHAR, OTC:OIGLF) has spent years accumulating exploration acreage across Africa, but Friday's announcement marks something fundamentally...

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    UBS analysts have highlighted the launch of a new AI-focused cybersecurity solution by Accenture PLC (NYSE:ACN) and Anthropic as supportive of their...

  • Hargreaves Services launches £20 million tender offer at 16% premium

    Hargreaves Services Plc (AIM:HSP, OTC:HGRVF) the AIM-listed environmental services group, saw its shares jump 8% after it launched a tender offer to return...

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