Challenger Energy Group (GB:CEG) has released an update.
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Challenger Energy Group PLC has announced positive annual results for 2023, including a successful strategic shift towards their Uruguayan assets. The company completed a farm-out of their AREA OFF-1 block in Uruguay to Chevron, positioning them for an exciting future of value-adding activities. Additionally, Challenger Energy has been awarded the AREA OFF-3 block, further solidifying their presence as a significant player in the Uruguayan offshore sector.
For further insights into GB:CEG stock, check out TipRanks’ Stock Analysis page.
