Chariot is trading 8.28% up at £3.27 after investors continued repricing its September 1 Angola transaction, which doubled economic exposure to producing assets.
- The deal adds approximately 4,000 barrels per day, taking expected exposure to roughly 8,000 barrels per day.
- Cavendish reiterated its buy rating and raised its target price.
- The move follows gains across recent sessions and stronger oil-sector sentiment; no separate September 9 announcement was identified.