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Chariot Oil & Gas receives interest from Africa Finance Corporation, multinational bank to debt fund Anchois gas project
StockMarketWire.com
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Energy company Chariot Oil & Gas said it had received a non-binding expression of interest letter from Africa Finance Corporation to provide debt financing for the company's Anchois gas discovery project. located offshore Morocco.
Chariot had also received a non-binding expression of interest letter from a multinational investment bank to provide reserves base ;ending to develop the Anchois gas discovery.
Both EOI's take into account the estimated capex required to bring the development online, anticipated to be in the region of US$300-500 million, the ocmpany said.
At 9:27am: (LON:CHAR) Chariot Oil Gas Ltd share price was +1.51p at 6.46p
Story provided by StockMarketWire.com
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