Results of Kabeljou prospect still unknown, Chariot Oil says
Independent Africa-focused oil and gas explorer Chariot Oil has this afternoon reiterated that the results of its Kabeljou exploration well, on the Nimrod prospect, offshore Namibia, are not yet known.
Independent Africa-focused oil and gas explorer Chariot Oil has this afternoon reiterated that the results of its Kabeljou exploration well, on the Nimrod prospect, offshore Namibia, are not yet known.
The company's statement has been made in reaction to the sharp fall in the company's share price.
As of 16:12 the company's shares are trading down by 14.2%, to the 104p mark.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
AB
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returns
The government plans to raise the tax-free threshold for trading income – here is how it could help your side hustle
By Marc Shoffman Published
-
Return to the office: is working from home coming to an end?
More and more employers want their staff to return to the office. Is it a good idea?
By David Prosser Published