Challenger Energy welcomes entry of Shell and APA into Uruguay
Uruguay's state-owned petroleum company said the bids were the first ones by leading oil and gas companies for 10 years
Company
Challenger Energy Group PLC
LON:CEG
Challenger Energy Group PLC is an Atlantic-margin focused energy company, with production, development, appraisal, and exploration assets in the region. The company's primary assets are located in Uruguay, where it holds two high impact offshore exploration licences, totalling 19,000km2 (gross) and is partnered with Chevron on the AREA-OFF 1 block.
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Challenger Energy says will 'vigorously defend' any Predator Oil & Gas legal claims
Yesterday the company laid out plans for the remainder of 2022, meanwhile, Predator issued a statement saying it planned to initiate legal proceedings
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Malcy's Blog - Oil price, Zephyr, Challenger, Savannah, Predator.
WTI $118.50 -37c, Brent $119.51 -21c, Diff -$1.01 +16c.USNG $9.32 +80c, UKNG 145.2p -8.77p, TTF €80.105 -€2.453Oil priceA slight fall yesterday following announcements that Eni and Repsol had been authorised to ship Venezuelan crude to Euro
Challenger Energy to focus on improving production from existing well stock for remainder of 2022
“We have re-evaluated every single aspect of the Trinidad operations, to see how best we can clear legacy items, drive efficiencies, and deploy precious capital in the most effective, production-growth oriented manner,” said Eytan Uliel.
Challenger Energy begins exploration phase offshore Uruguay
“For very low cost we were able to secure an exploration licence of an extremely high quality, with a greater than 1-billion-barrel recoverable resource potential,” said chief executive Eytan Uliel
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Malcy's Blog - Oil price, Genel, Touchstone, Predator. And finally…
WTI $105.71 +$5.95, Brent $107.51 +$5.05, Diff -$180.0 -90c, NG $7.64 +25c, UKNG 195.45 +22.45pOil priceOil had a big rally, a shortage is slowly appearing around the world particularly in products as shown by the EIA inventory stats.Genel
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Malcy's Blog - Flash blog Challenger, Angus, GKP.
Flash blog Challenger, Angus, GKP.A flash blog today as I am presenting in town this morning.LON:CEGChallenger has provided the following update on its Trinidad and Tobago business unit’s operating results for Q1 2022:Total gross oil produc
Challenger Energy reports 'encouraging' first quarter amid rising oil prices
“This encouraging first-quarter result reflects a renewed focus on routine operations, stringent cost control, and the committed efforts of everyone in the Challenger Energy team,” said CEO Eytan Uliel
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Malcy's Blog - Oil price, Challenger, Hunting, Hurricane, President. And finally...
Oil price, Challenger, Hunting, Hurricane, President. And finally…WTI $102.56 -$5.65, Brent $107.25 -$5.91, Diff -$4.69 -26c, NG $7.18 -64c, UKNG 175.0p +10.5pOil priceOil had a sharp fall yesterday as the IMF brought down its GDP numbers a
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Small Cap Feast - Challenger Energy Group, Eckoh, Kefi Gold and Copper, and more...
20th April 2022*A corporate client of Hybridan LLPDish of the dayJoiners:No joiners today.Leavers:No leavers today.What’s cooking in the IPO kitchen?Lift Global Ventures plc to join AQSE Growth Market. The Company's investment strategy is t
Challenger Energy lifts production with well recompletions
"The turnaround of our Trinidad and Tobago business unit is proceeding according to plan," said Eytan Uliel
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Malcy's Blog - Challenger, Petrofac.
Challenger, Petrofac.A flash blog today as I’m in the smoke seeing the movers and shakers…LON:CEGChallenger has provided the following activity update and work programme guidance.HighlightsGiven the current strong oil price environment, the
Challenger Energy eyes growing production and cashflows amidst higher oil prices
“The higher oil price environment creates an even greater imperative to increase production and maximise every barrel of oil sold," Challenger chief executive Eytan Uliel said
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Small Cap Wrap - Challenger Energy, Cornish Metals, Redx Pharma, and more...
10 March 2022*A corporate client of Hybridan LLPDish of the dayJoiners:Majestic Corporation plc (AQSE:MCJ), has joined AQSE Growth Market. Majestic is a profitable business recycling precious and non-ferrous metals from obsolete mechanical
Challenger Energy unveils new head of operations for Trinidad and Tobago
"Sohan [Ojah-Maharaj[ brings a wealth of oil field production experience to bear - both in Trinidad and the broader region - as well as deep business networks in Trinidad and Tobago."
Challenger Energy raises £2.3mln via broker option share sale
“We have worked with our broker and financial adviser to ensure that all demand from existing shareholders will be met.”
Challenger Energy Group raises £5mln in share placing to seal restructuring
“The final step required to place the company back on a firm financial footing was a recapitalisation," said chief executive Eytan Uliel.
Challenger Energy says balance sheet restructuring cuts debt by 85%
Shares jumped 21% as the oil and gas company said it has cut its payables, debts and potential liability exposure from US$22mln to US$2.5mln
Challenger Energy shares fall as it confirms capital needs
“The company is presently operating with a balance sheet characterised by an unacceptably high level of historic liabilities and payables. The immediate priority during the remainder of 2021 is for this to be addressed.”
Challenger Energy receives key HSE certification in Trinidad
It has been certified for a two-year period, the maximum available