Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) has awarded Chariot Oil & Gas Investments (Morocco) Ltd., a wholly owned subsidiary of Cariot Oil & Gas Ltd., 75% interest and operatorship of the Mohammedia I-III offshore exploration permits. The permits are nearshore and cover 4,600 sq km in less than 500 m of water. They are adjacent to Chariot’s Rabat Deep offshore exploration permits.
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