๐ฃ Weโre pleased to announce that Challenger Energy has been officially acquired by Sintana Energy!
Thanks to all whoโve supported our journey - future updates will now come from Sintana, where the story continues across Namibia, Uruguay & beyond.
๐ Follow: @SintanaEnergy
๐ Milestones for $CEG ๐บ๐พ๐ณ๐ฆ
๐ Seismic permits issued for AREA OFF-1, Uruguay
๐ TotalEnergies to take 40% of PEL 83 (Mopane), Namibia
๐ Sintana Energy, Challengerโs proposed acquiror, holds a 4.9% indirect carried interest in the block.
Read more: https://t.co/fQZ0kPzIAH
In @UpstreamOnline, @Chevronโs CEO Mike Wirth highlighted a renewed focus on frontier exploration, pointing to the South Atlantic as a priority.
This continued attention reinforces the relevance of the region - including Uruguayโs potential.
๐ https://t.co/1QbOCPteXe
๐ฌ Want $CEG updates direct to your inbox?
Sign up to our email list for news, updates & investor info across the Atlantic basin.
๐ https://t.co/ZP9mPuBZPG
Happening today!
@CEG_plc MD Randolph Hiscock is speaking at Ice 2025 in Rio, detailing exploration opportunities in Uruguay's Pelotas Basin.
Hope to see you there!
#CEG#OilAndGas#Energy
Headed to ICE '25 in Rio this week?
Check out @CCEG_plc! CEO Eytan Uliel and MD Randolph Hiscock will be speaking, detailing $CEG's impressive portfolio in offshore Uruguay.
Not able to make it? Reach out to schedule a 1x1!
๐ Why invest in @CEG_plc (AIM: $CEG | OTCQB: $BSHPF)?
โ 19,000 kmยฒ across Uruguay
๐ค Farm-out process for OFF-3 kicks off in September
๐ฑ Capital light, #ESG-focused strategy
Balanced. De-risked. Ready.
Learn more: https://t.co/ORoULKVwFi
#CEG#BSHPF
๐ Did you know Namibia & Uruguay share similar promising geological features? ๐
With Namibia's recent #OilAndGas boom, @CEG_plc is excited to advance our Uruguayan assets and unlock their full potential.
๐ Find out more about $CEG's work here: https://t.co/ORoULKVwFi
@CEG_plc (AIM: $CEG | OTCQB: $BSHPF) was recently featured in @UpstreamOnline, covering yesterday's exciting update.
Weโre pleased to see recognition of our progress as we continue advancing our technical programs.
Read the article here: https://t.co/x3X9hS4Izc
#CEG Operational & Corporate Update
๐AREA OFF-3
โ Technical work programme complete
โ Farmout process commenced
โ Low development costs support commerciality
๐ Material aggregate resource potential from two primary prospects
https://t.co/q57NV5CUpz
New presentation alert!
@CEG_plc has released a new technical presentation detailing the exciting updates in AREA OFF-3.
๐Check it out here: https://t.co/KKsSgjWTlS
Always good to see @CEG_plc (LON: $CEG) mentioned in the press!
@UpstreamOneline has highlighted our progress #offshore Uruguay alongside partner @Chevron.
Read more here: https://t.co/HJmPfmKGMu
๐ Uruguay Spotlight: AREA OFF-1
14,557 kmยฒ of shallow-water acreage with updated 2D seismic and no drilling obligation in early phases.
โ Farmed out to Chevron (Oct 2024)
โ 3D seismic potential in 2025/26
Low risk, high potential.
#CEG#BSHPF#Uruguay#OilandGas
@CEG_plc CEO Eytan Uliel and Director Randy Hiscock had the privilege of joining @AncapUruguay & @Chevron for an insightful tour of the Chevron Decision Support Centre earlier this week - a valuable opportunity to exchange insights and strengthen partnerships.
#OilAndGas#CEG
๐ฌ Want $CEG updates direct to your inbox?
Sign up to our email list for news, updates & investor info across the Atlantic basin.
๐ https://t.co/ZP9mPuBZPG
Meet the #CEGTeam!
Benjamin Proffitt, Company Secretary at @CEG_plc, brings deep experience in energy sector governance & finance.
A Chartered Accountant with a physics degree from Imperial, Ben joined #CEG in 2010.
Learn more: https://t.co/fjpPHnmVW9
$CEG has released an operational update, with progress across its two high-impact assets:
๐น AREA OFF-1 โ 3D seismic acquisition starting Q4 2025
๐น AREA OFF-3 โ Early technical results promising, farm-out process set for Q3
RNS: https://t.co/1CY4AemNcn