Introduction

Kenitra, with an area of approximately 1,400 km2 and in water depths ranging from 200 m to 1,500 m, was formerly part of the Rabat Deep Offshore Exploration Permits I-VI, in which the company now has a 10% interest and a capped carry on the RD-1 well which is anticipated to be drilled in early 2018.

This acreage was recently relinquished, as required under the Moroccan Hydrocarbon Code, on the entry into the current license period of Rabat Deep. Kenitra is also adjacent to the company’s 75% interest in the Mohammedia Offshore Exploration Permits I-III.

In Feb 17, 2017,Chariot Oil & Gas was awarded interest and operatorship of the Kenitra offshore exploration permit in Morocco and started a seismic campaign.

In April 2019,Chariot Oil & Gas plan to drill KEN-A exploration well in H1 2021, Kenitra may contains 445 mmbbls resources.

Operators

National Office for Hydrocarbons and Mining(ONHYM)(Morocco): 25% interest.

Chariot Oil & Gas Ltd.(United Kingdom): operator with 75% interest.