Vision and Strategy

Challenger Energy’s vision is to create value for all shareholders through a combination of high-impact but low-cost exploration activities, and reliable, growing, profitable production. Challenger aims to be an employer and partner of choice, and to make a valued contribution to the communities and nations in which it operates.

The strategy Challenger Energy has adopted in order to realise this vision is to apply a portfolio approach to asset ownership across the full life cycle of the energy business that appropriately balances risk and reward, ensures access to capital on competitive terms, and effectively leverages core expertise and experience within the Company. Challenger Energy’s strategic focus for 2023 and 2024 is on rapidly maturing its Uruguay asset, and maintaining and growing production and cash flow from its producing fields in Trinidad & Tobago.