Challenger Energy signs new Uruguay licence
11th Mar 2024 13:26
(Sharecast News) - Challenger Energy announced the signing of the AREA OFF-3 licence on Monday, marking a significant milestone for the Caribbean and Americas-focussed energy company.
Read moreChallenger Energy makes progress in Uruguay
14th Dec 2023 12:47
(Sharecast News) - Caribbean and Americas-focussed Challenger Energy updated the market on its Uruguayan assets on Thursday, having submitted geotechnical reports for AREA OFF-1 to ANCAP, the Uruguayan regulator, fulfilling its minimum work program obligation on 11 December.
Read moreChallenger Energy now debt-free after bridge loan repayment
10th Nov 2023 09:50
(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy announced on Friday that it has retired its short-term bridge loan, under the terms it outlined on 27 October.
Read moreChallenger Energy updates its financing arrangements
27th Oct 2023 11:59
(Sharecast News) - Challenger Energy Group updated the market on its financing arrangements on Friday, as it secured a short-term bridge loan of £0.35m to promptly redeem the entire drawn and unconverted balance of its previously disclosed convertible loan note funding facility.
Read moreChallenger Energy establishes £3.3m funding facilitiy
30th Aug 2023 11:28
(Sharecast News) - Challenger Energy announced a series of strategic initiatives on Wednesday, most notably the establishment of a £3.3m convertible loan note funding facility.
Read moreChallenger reports slow progress on Cory Moruga sale
1st Jun 2023 15:35
(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy updated the market on the sale of the Cory Moruga licence, onshore Trinidad, on Thursday.
Read moreChallenger Energy launches farm-out over Uruguay block
31st May 2023 13:54
(Sharecast News) - Caribbean and Americas oil and gas company Challenger Energy updated the market on its activities around the AREA OFF-1 block, offshore Uruguay on Wednesday, as it kicked off a farm-out process.
Read moreChallenger rises on offshore Uruguay technicial report
26th Apr 2023 13:04
(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy released its technical assessment report on the AREA OFF-1 block, offshore Uruguay on Wednesday.
Read moreChallenger Energy reports progress in sale of Cory Moruga
8th Mar 2023 11:51
(Sharecast News) - Challenger Energy updated the market on the sale of the Cory Moruga licence on Wednesday, announcing the completion of all confirmatory due diligence by Predator Oil & Gas and its subsidiaries.
Read moreChallenger Energy agrees sale of St Lucia subsidiary
14th Feb 2023 14:46
(Sharecast News) - Challenger Energy, an oil and gas company focused on the Caribbean and Americas region, announced the sale of its St Lucia-based subsidiary Caribbean Rex on Tuesday for a total value of $1.5m (£1.23m).
Read moreChallenger upbeat on read-across from Uruguay licensing round
3rd Jan 2023 18:04
(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy updated the market on recent regional developments on Tuesday, noting that Uruguay's national energy company Ancap announced on 27 December that a further two offshore blocks had been awarded following competitive bids in its second 2022 open round.
Read moreChallenger Energy agrees to sell Cory Moruga licence
20th Dec 2022 15:36
(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy has entered into a binding heads of terms with Predator Oil & Gas Holdings, it announced on Tuesday.
Read moreChallenger's Trinidad production rises in second quarter
19th Jul 2022 16:15
(Sharecast News) - Caribbean and Atlantic-focussed oil and gas company Challenger Energy updated the market on the second quarter at its Trinidad and Tobago operations on Tuesday, reporting total gross oil production of 34,159 barrels for the period.
Read moreChallenger Energy to focus on existing wells for rest of 2022
7th Jun 2022 14:13
(Sharecast News) - Challenger Energy updated the market on the work programme for its assets in Trinidad and Tobago and Suriname on Tuesday, confirming that its focus in Trinidad and Tobago was to deliver near-term production growth to both offset natural reservoir decline and to reach average production of 550 to 600 barrels of oil per day by the end of 2022.
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