Chariot Oil And Gas Shares Fall 20% As Investors Grow Weary Of Farm-In Negotiations

The 20% share-price fall that followed Chariot Oil and Gas' disappointing farm-in negotiations update was an overreaction. The announcement provided confirmation that Chariot has reached preliminary agreements with two potential partners, and we expect those partners to be the kind of deep-pocketed investors needed to push the company's exploration programme forward.

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