LONDON (ShareCast) - Shares in Chariot Oil & Gas rose after the company said it completed its 2,128 km 2D seismic survey in Southern Block 2714B offshore Namibia.
The survey was contracted to and carried out by Dolphin Geophysical in order to provide further detail on the shallower petroleum system in the region.
Once the data has been processed and calibrated with the legacy 2D data on the block, it will be interpreted in-house with the aim of identifying specific areas of interest for a 3D programme.
Shares increased 1.37% to 18.50p at 14:34 on Monday.
RD
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