Interim report
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28 September 2021 CHARIOT TRANSITIONAL ENERGY Chariot Limited ( " Chariot " , the " Company " ) H1 2021 Results Chariot ( AIM : CHAR ) , the Africa focused transitional energy company , today announces its unaudited interim results for the six - month period ended 30 June 2021 . Appraisal drilling at Anchois , offshore Morocco , anticipated to commence in December 2021 ; a key step in early monetisation path for Anchois gas development project . Key contracts and team in place with the signing of a contract for the Stena Don rig and award of well services contract to Halliburton . Acquisition of Africa Energy Management Platform ( " AEMP " ) completed in Q2 2021 under the new Transitional Power business stream looking to transform the energy market for mining operations in Africa , providing a largely untapped market with cleaner , sustainable and more reliable power . Memorandum of Understanding ( " MoU " ) signed with the Government of Mauritania to progress a potential green hydrogen development . Recapitalised Company through successful placing , subscription and open offer . Adonis Pouroulis , Acting CEO of Chariot commented : " We have achieved significant progress in the first half of the year as we aim to deliver on the strategy in place across our two business streams . We are fully focused on delivering a successful , safe and cost - effective appraisal well in Morocco that meets the objectives set out in our earlier fundraising . The acquisition of AEMP has brought a pipeline of high - value accretive clean energy investment opportunities and we are making great strides in our relationship with Total Eren to bring these projects to investment stage . We are on track for drilling operations to commence in December 2021 and look forward to an exciting period of newsflow from our Moroccan operations and across the wider group with the progression of our exciting new power business stream . "