Last checked at 7 Jun 2021 09:41
7 June 2021
Challenger Energy Group PLC
("Challenger Energy" or the "Company")
Extension to publication of Final results for 2020
Challenger Energy (AIM:CEG), the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and exploration assets across the region, advises that under the guidance provided by AIM Regulation in "Inside Aim" on 27 January 2021, AIM Regulation has granted the Company an additional period of up to three months to publish its annual audited accounts for the year ended 31 December 2020.
This is in view of the continuing application of emergency regulations and escalation of COVID-19 outbreaks in the Company's various countries of operation. The Company thus expects to publish its annual audited accounts to 31 December 2020 by 30 September 2021 but will endeavour to do so as soon as possible.
The Company will provide a trading update to the market later this month, which is expected to include results of the Saffron #2 well currently being drilled in Trinidad.
For further information, please contact:
Challenger Energy Group PLC Eytan Uliel, Chief Executive Officer | Tel: +44 (0) 1624 647 882 |
Strand Hanson Limited - Nomad Rory Murphy / James Spinney / Rob Patrick | Tel: +44 (0) 20 7409 3494 |
Shore Capital Stockbrokers Limited - Joint Broker Jerry Keen / Toby Gibbs | Tel: +44 (0) 207 408 4090 |
Investec Bank Plc - Joint Broker Chris Sim / Rahul Sharma | Tel: +44 (0) 207 597 5970 |
Gneiss Energy - Financial Adviser Jon Fitzpatrick / Paul Weidman / Doug Rycroft | Tel: +44 (0) 20 3983 9263 |
CAMARCO Billy Clegg / James Crothers / Hugo Liddy | Tel: +44 (0) 020 3757 4980 |
Notes to Editors
Challenger Energy is a Caribbean and Atlantic margin focused oil and gas company, with a range of exploration, appraisal, development and production assets and licences, located onshore in Trinidad and Tobago, and Suriname, and offshore in the waters of The Bahamas and Uruguay. In Trinidad and Tobago, Challenger Energy has five (5) producing fields, two (2) appraisal / development projects and a prospective exploration portfolio in the South West Peninsula. In Suriname, Challenger Energy has on onshore appraisal / development project. Challenger Energy's exploration licence in each of Uruguay and The Bahamas are highly prospective, and offer high-impact value exposure within the overall portfolio value.
Challenger Energy is quoted on the AIM market of the London Stock Exchange.
https://www.cegplc.com
ENDS