This increase has resulted from continued technical work undertaken on the 3D seismic data acquired across these blocks, which has also led to a significant improvement in the chance of success.
Chariot’s gross mean unrisked prospective resource volume now totals 13.9 billion bbls (10.4 billion bbls net to Chariot).
Concurrent to the work, which identified the Nimrod prospect, a mega structure located in block 2714A with an attributable gross mean prospective resource potential of 3.7 billion barrels, Chariot has continued to evaluate a number of other plays within its Northern and Southern licence areas.
In the Northern license areas, blocks 1811 A & B, seismic data inversion and attribute analysis has led to identification of additional Late Cretaceous/Palaeogene fan systems exhibiting Amplitude Versus Offset (AVO) anomalies consistent with hydrocarbon-filled sands.
In addition this work has further de-risked the Tapir and Tapir N prospects with the chance of success increasing from 14% to 23%.
