Larry Bottomley, chief executive of Chariot Oil & Gas Limited (LON:CHAR) discusses with Proactive's Andrew Scott the Rabat Deep exploration well, offshore Morocco, which has failed to find a hydrocarbon accumulation.
Bottomley says the well was drilled safely to a depth of 3,180 metres and while it didn't encounter oil or gas it did penetrate a thick top seal and tight, fractured carbonates in the primary Jurassic target.
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