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Last $0.16 USD
Change Today -0.008 / -4.85%
Volume 30.3K
OIGLF On Other Exchanges
As of 1:34 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

chariot oil & gas ltd (OIGLF) Snapshot

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52 Week High
05/7/14 - $0.36
52 Week Low
01/16/15 - $0.11
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Current Stock Chart for CHARIOT OIL & GAS LTD (OIGLF)

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chariot oil & gas ltd (OIGLF) Details

Chariot Oil & Gas Limited, together with its subsidiaries, is engaged in the oil and gas exploration. The company holds 75% equity interests in the Loukos, Rabat Deep, and Mohammedia Reconnaissance areas in Morocco with a total area of 16,591 square kilometers; and a 55% equity interest in a block in Mauritania covering an area of 12,175 square kilometers. It also holds interests in 4 licenses in Namibia covering an area of approximately 33,000 square kilometers; and a 100% interest in 4 exploration licenses in the Barreirinhas Basin offshore Brazil covering an area of 768 square kilometers. The company is headquartered in St Peter Port, the Channel Islands.

chariot oil & gas ltd (OIGLF) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $570.0K
Technical Director and Director
Total Annual Compensation: $151.0K
Compensation as of Fiscal Year 2013.

chariot oil & gas ltd (OIGLF) Key Developments

Chariot Oil & Gas Limited Announces Board and Executive Changes

Chariot Oil & Gas Limited provided an update on Board remuneration and Board changes. As part of Chariot's ongoing focus on capital discipline and in light of the current business environment, the Board has reviewed all costs, including the remuneration for all of its members. Further to this decision, Mark Reid, Chief Financial Officer, has chosen to step down from the Board and leave the Company to pursue other interests with immediate effect. Julian Maurice-Williams, currently the Group Financial Controller at Chariot, has been promoted to the position of acting Chief Financial Officer.

Chariot Oil & Gas Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Chariot Oil & Gas Limited announced audited consolidated earnings results for the year ended December 31, 2014. For the period, the company reported loss from operations of $41,428,000 against $8,227,000 a year ago. Loss before taxation was $41,462,000 against $8,646,000 a year ago. Loss for the year and total comprehensive loss for the year attributable to equity owners of the parent was $41,773,000 or $0.19 per basic and diluted share against $10,455,000 or $0.05 per basic and diluted share a year ago. Net cash outflow from operating activities was $7,924,000 against $5,900,000 a year ago. Payments in respect of property, plant and equipment was $63,000 against $80,000 a year ago. Payments in respect of intangible assets was $19,146,000 against $31,574,000 a year ago.

Chariot Oil Seeks Partners

Chariot Oil & Gas Limited (AIM:CHAR) is seeking potential partners for its portfolio in order to share the risk and reduce exploration expenditure.


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