Chariot is trading 35.29% up at £2.30 after announcing a framework agreement with Etu Energias and BW Energy on September 1, 2026.
- The arrangement supports Etu’s acquisition of Chevron’s interests in Angola’s producing Block 14 and Block 14K.
- Chariot gains economic exposure equivalent to approximately 4,000 barrels of oil per day, with indicative net NPV10 above US$100 million at US$60 oil.
- The gain followed the company-specific announcement as broader markets were weaker. Trading is currently closed; no volume data was provided.