Analyst Price Target is GBX 0
▼ -100.00% Downside Potential
This price target is based on 0 analysts offering 12 month price targets for Challenger Energy Group in the last 3 months. The average price target is GBX 0, with a high forecast of GBX 0 and a low forecast of £100,000. The average price target represents a -100.00% upside from the last price of GBX 13.15.
Current Consensus is
N/A
The current consensus among 0 polled investment analysts is to n/a stock in Challenger Energy Group. This N/A consensus rating has held steady for over two years.
Challenger Energy focuses on high impact, globally material assets. Its flagship assets are in Uruguay, a new global exploration hotspot, where they have assets with multiple billion-barrel prospects. The Company holds two high impact offshore exploration licences (AREA OFF-1 and AREA OFF-3), totalling 19,000km2 (gross), making it one of the largest acreage holder offshore Uruguay, and is the only junior with a position in this exciting new exploration province. Challenger is partnered with Chevron on AREA OFF-1 and has a 40% non-operating interest with a 100% carry of its share of the costs associated with the 3D seismic campaign, up to a maximum of US$15 million (net), and a 50% carry of its share of the costs of an initial exploration well, if drilled, up to a maximum of US$20 million (net). The Company also owns 100% of 3 onshore producing fields in Trinidad and legacy exploration assets in the Bahamas. Challenger Energy is quoted on the AIM market of the London Stock Exchange.
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