Challenger Energy Limited is public company listed on the Australian Stock Exchange (ASX:CEL) with exciting a growing portfolio of exciting Oil and Gas exploration opportunities in South Africa and the USA.
Challenger’s strategy is to utilise its network of global contacts to identify and acquire material upstream oil and gas exploration opportunities at a low entry cost which enables it to focus its exploration expenditure on drilling wells and other direct expenditure.
Challenger is targeting opportunities where it can act as operator, and which have significant scale and materiality (more than 1 TCF of gas or 10 Million bbl of Oil). The scale of these opportunities provides potentially significant upside for the company.
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