Chariot makes major gas discovery at Anchois-2 well off Morocco

Africa focused transitional energy company Chariot Ltd on Monday confirmed a “significant” gas discovery at the Anchois-2 well located in the Lixus licence offshore Morocco, a discovery that it said exceeded stakeholder expectations.

“Preliminary interpretation of the data confirms the presence of significant gas accumulations in the appraisal and exploration objectives of the Anchois-2 well with a calculated net gas pay totalling more than 100m, compared to 55m in the original Anchois-1 discovery well,” Chariot said in a statement.

The well was drilled to a total depth of 2,512 metres and encountered significant gas accumulations with the appraisal target, Sand B, marking some 50 metres of net pay across two stacked reservoirs – the uppermost was the reservoir seen in the original discovery well.

Chariot has a 75 percent interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (ONHYM), which holds a 25 percent interest.

“I am delighted to announce that Chariot, as well as conducting a successful appraisal well operation, has made a significant gas discovery at the Anchois-2 well which materially exceeds our expectations,” said Adonis Pouroulis, Acting CEO of Chariot.

“We continue to conduct further analysis on the data collected from the well, but as it stands, we believe the result is transformational for the company,” he said in a statement.

Chariot noted that high quality reservoirs were encountered in all gas sands, and further analysis will now be undertaken to fully understand the positive implications of the discovery.

The well will now be suspended for potential future re-entry and completion as a production well in the development of the field, the company said.