Peel Hunt Reaffirms “Add” Rating for Chariot Oil & Gas (CHAR)

Peel Hunt reaffirmed their add rating on shares of Chariot Oil & Gas (LON:CHAR) in a research report released on Wednesday.

Separately, FinnCap decreased their price objective on shares of Chariot Oil & Gas from GBX 39 ($0.51) to GBX 27 ($0.35) and set a corporate rating for the company in a report on Monday, June 4th.

LON CHAR opened at GBX 8.82 ($0.11) on Wednesday. Chariot Oil & Gas has a 52-week low of GBX 9.25 ($0.12) and a 52-week high of GBX 23.88 ($0.31).

About Chariot Oil & Gas

Chariot Oil & Gas Limited is an oil and gas exploration company. The Company has two reportable segments: exploration for oil and gas, and corporate costs. The Company has interests in approximately two licenses offshore Morocco; Rabat Deep (approximately 50% (operator), 25% Woodside, 25% Office National des Hydrocarbures et des Mines (ONHYM) (carried interest), and Mohammedia (approximately 75% Chariot (operator), 25% ONHYM (carried interest)).

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