Challenger Energy holds a 100% interest in the OFF-1 block offshore Uruguay in an area that has become one of the hottest exploration plays globally. That is because, starting in February 2022, successful discoveries of multi-billion barrel oilfields offshore Namibia, which is the geological mirror of Uruguay, have been made. Since being the first mover in respect of the most recent pulse of exploration in offshore Uruguay, the blocks surrounding its acreage have been secured by Shell, APA (form ....
04 May 2023
Challenger Energy Group - Initiation: Hot Property
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Challenger Energy Group - Initiation: Hot Property
Challenger Energy Group PLC (CEG:LON) | 0.2 0 0.0% | Mkt Cap: 16.8m
- Published:
04 May 2023 -
Author:
Brendan Long -
Pages:
32
Challenger Energy holds a 100% interest in the OFF-1 block offshore Uruguay in an area that has become one of the hottest exploration plays globally. That is because, starting in February 2022, successful discoveries of multi-billion barrel oilfields offshore Namibia, which is the geological mirror of Uruguay, have been made. Since being the first mover in respect of the most recent pulse of exploration in offshore Uruguay, the blocks surrounding its acreage have been secured by Shell, APA (form ....