1 November 2024
Challenger Energy Group
PLC
("Challenger Energy" or the "Company")
Resignation of
CFO
Challenger Energy (AIM:
CEG) announces that Mr Gagan
Khurana has resigned as the Chief Financial Officer of
the Company, for personal reasons, effective immediately. Mr
Khurana is not a director of the Company or any group
subsidiaries.
The Company's Group Finance Manager
and Company Secretary, Mr Jonathan Gilmore, will assume Mr
Khurana's duties. Mr Gilmore has over
20 years of relevant industry experience and has been with the Company in this role for four years and
thus already possesses a deep knowledge of the Company's assets,
commercial and financial functions. He
holds a Bachelor of Commerce in Accounting from the University of
Western Sydney and is a Fellow of the Institute of Chartered
Accountants Australia and New Zealand. He previously worked at EY
in Sydney and London, specialising in mining and energy clients,
after which he served as a financial controller at the Kamato
Copper Company (Glencore) in Africa. Mr Gilmore joined Columbus
Energy Resources Plc as the Group Financial Controller in 2018
prior to the merger with Challenger Energy in 2020.
Eytan Uliel, Chief Executive Officer
of Challenger Energy, said:
"Gagan has made a significant contribution to our Company over
many years, and we wish him well in his future endeavours. Jonathan
has been with us for many years as well and, given his role as
Group Finance Manager and Company Secretary, has the knowledge and
capability required to oversee our finance function going forward.
The coming year is shaping up to be a busy and exciting time for
Challenger Energy, and the entire team is focussed on delivering on
our objectives, for the benefit of all
shareholders."
For further information,
please contact:
|
Challenger Energy Group PLC
Eytan Uliel, Chief Executive
Officer
|
Tel: +44 (0) 1624 647 882
|
|
Zeus - Nomad and Joint Broker
Simon Johnson / Antonio Bossi / Darshan Patel
|
Tel: +44 (0) 20 3829 5000
|
|
Stifel - Joint Broker
Ashton Clanfield / Callum Stewart /
Simon Mensley
|
Tel: +44 (0) 20 7710 7600
|
|
Gneiss Energy Limited - Financial Adviser
Jon Fitzpatrick / Paul Weidman /
Doug Rycroft
|
Tel: +44 (0) 20 3983 9263
|
|
CAMARCO - Financial PR
Billy Clegg / Georgia Edmonds /
Tomisin Ibikunle
|
Tel: +44 (0) 20 3757
4980
|
|
Jonathan Paterson - Investor Relations
jonathan.paterson@harbor-access.com
|
Tel: +1 475 477
9401
|
Notes to
Editors
Challenger Energy is an
Atlantic-margin focused energy company, with production,
development, appraisal, and exploration assets in the region.
Challenger's primary assets are located in Uruguay, where the
Company holds two high impact offshore exploration licences,
totalling 19,000km2 (gross) and is partnered with
Chevron on the AREA-OFF 1 block. Challenger Energy is quoted on the
AIM market of the London Stock Exchange.
https://www.cegplc.com
ENDS
