Chariot Oil & Gas Limited provided an update on Board remuneration and Board changes. As part of Chariot's ongoing focus on capital discipline and in light of the current business environment, the Board has reviewed all costs, including the remuneration for all of its members. Further to this decision, Mark Reid, Chief Financial Officer, has chosen to step down from the Board and leave the Company to pursue other interests with immediate effect.

Julian Maurice-Williams, currently the Group Financial Controller at Chariot, has been promoted to the position of acting Chief Financial Officer.