Chariot is trading 17.67% up now at £2.93 after its September 1, 2026 framework agreement with Etu Energias and BW Energy supports Etu’s acquisition of Chevron interests in producing Angolan Blocks 14 and 14K, with Chariot providing technical and operational expertise.
- Chariot will receive economic exposure equivalent to approximately 4,000 barrels per day, with indicative net present value exceeding $100 million at a $60-per-barrel oil price.
- The agreement directly explains the sharp move.