Challenger Energy Group PLC Uruguay Exploration Assets 2024

Challenger Energy Group PLC presents an overview of its high-value offshore exploration assets in Uruguay, including two major licenses (OFF-1 and OFF-3) totaling over 27,000 km² with estimated resources of approximately 2 billion barrels of oil equivalent. The company highlights Uruguay's competitive fiscal regime, large-scale exploration potential across multiple independent plays, and geological similarities to successful discoveries on the Namibian conjugate margin.