BRIEF-Energean Says Farmed Into Chariot Acreage Offshore Morocco

Energean: * FARMED INTO CHARIOT LIMITED'S ACREAGE OFFSHORE MOROCCO

* FARM IN TO 45% OF LIXUS LICENCE, WITH OPTION TO INCREASE TO 55% POST DRILLING RESULTS, AND 37.5% OF RISSANA LICENCE * PROPOSED DEAL FOR UP FRONT CASH CONSIDERATION OF $10 MILLION

* TO CARRY CHARIOT FOR ITS SHARE OF PRE-FID COSTS UP TO A GROSS EXPENDITURE CAP OF $85 MILLION * DEAL INCLUDES $15 MILLION IN CASH, CONTINGENT ON FID BEING TAKEN ON ANCHOIS DEVELOPMENT Source text for Eikon: Further company coverage:

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