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Pin to quick picksShell Share News (SHEL)

Share Price Information for Shell (SHEL)

London Stock Exchange
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Share Price: 2,858.50
Bid: 2,855.50
Ask: 2,856.50
Change: -14.50 (-0.50%)
Spread: 1.00 (0.035%)
Open: 2,872.00
High: 2,881.50
Low: 2,846.00
Prev. Close: 2,873.00
SHEL Live PriceLast checked at -

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IN BRIEF: Challenger Energy "validated" as Shell, APA enter Uruguay

Mon, 27th Jun 2022 20:26

Challenger Energy Group PLC - Isle of Man-based oil and gas company focused on the Caribbean and the Atlantic-margin - Noting "recent commentary" on the licensing round in Uruguay in relation to its Area Off-1 petroleum license in the country, Challenger says state-owned petroleum company ANCAP has licensed two offshore blocks to Shell PLC, and one deep-water block to APA Corp. One of the blocks licensed to Shell is immediately adjacent to Challenger's Off-1 block. As part of the agreements with ANCAP, Shell commits to acquiring new 3D seismic data, and APA commits to drilling an exploration well.

"Challenger Energy considers the entry into Uruguay of two well regarded international companies, and the commitment by both to undertake sizeable and meaningful work programs during an initial exploration period (including 3D seismic acquisition and new well drilling), to be a highly positive development, validating both the company's decision to enter Uruguay in 2020 and underscoring the solid technical foundation and excellent value proposition represented by the OFF-1 block," the firm says.

Current stock price: 0.10 pence

12-month change: down 96%

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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*

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Trades   Bids   Offers  Previous  Seller  Buyer
Session
0.1 GO Barge April
diffs fob ARA -$22
per tonne
<GO-ED-ARA>
0.1 GO Cargo
diffs cif NWE
per tonne
<GO-CND-NWE>
0.1 GO Cargo May
diffs cif Med +$6
per tonne
<GO-CND-MED>
50ppm barge
diffs fob ARA
per tonne
<GO50PPM-ED-A
RA>

Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel barge April April Shell, BP,
diffs fob ARA +$0.75- +$2-$3 Litasc Glenco
per tonne $2.25 (25.32KT o, re,
<ULSD10-BD-AR (32.45K ) ExxonM Gunvor
A> T) obil, ,
Mabana TotalE
ft nergie
s,
Vitol
Diesel cargo April Shell Vitol
diffs cif NWE +$13
per tonne (Amster
<ULSD10-ANYD- dam)
NWE>
Diesel cargo
diffs cif Med
per tonne
<DL-CIFD-MED>

Jet fuel Trades Bids Offers Previous Seller Buyer Session
Jet fuel
barge
diffs fob
FARAG
per tonne
<JET-BD-ARA>
Jet fuel CCM
cargo flat
cif NWE per
tonne
<JET-CD-NWE>

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