About

Challenger Energy is a Caribbean and Atlantic margin focused oil and gas company, with a range of exploration, appraisal, development and production assets and licences, located onshore in Trinidad and Tobago, and Suriname, and offshore in the waters of The Bahamas and Uruguay, and onshore in Trinidad and Tobago, and Suriname. 

Challenger Energy’s portfolio of opportunities represents a mix of valuable production assets in Trinidad and Tobago, near-term appraisal and development projects in Trinidad and Tobago and Suriname, and high impact exploration assets located in The Bahamas, Uruguay and Trinidad and Tobago.

Challenger Energy Board, management team and staff base have a broad range of skills as well as deep technical and industry experience. 

Operationally, through 2021 Challenger Energy’s core strategic focus is to materially grow production and cashflow. This will be achieved through:

  • Establishing and maintaining a consistent base production profile from the existing well stock, thus generating reliable cashflows from existing fields in Trinidad and Tobago;
  • Growing this base production profile from increasing our production from existing fields in Trinidad & Tobago and establishing a growing free cashflow and associated profitability.
  • Further growing production by appraising and developing known discoveries or fields including our recent Saffron discovery and Cory Moruga, both in the South-West Peninsula of Trinidad and the Weg Naar Zee project in Suriname.
  • Progress at low-cost our exploration assets in Uruguay, the South West Peninsular of Trinidad, and Suriname.
  • Renew the exploration licences in The Bahamas and seek to monetise the historic spend on these assets through a renewed farmout effort to introduce a funding and operating partner.

 

Corporate Responsibility

Corporate Responsibility

Managing partnerships and contractors, fulfilling statutory and social obligations, and...

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Vision & Strategy

Vision & Strategy

Challenger Energy’s vision is to be an Exploration and Production (E&P) business generating...

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Share Price

08/12/2021

0.50

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