Challenger Energy Share Discussion Threads

[arrynillson] 03/4/2024 09:19

Disgraced Compulsive Liar 12bn - Eytan talks about the $200,000 monthly run rate for the company going forward in the context of the Chevron $12.5 million completion payment - naturally he sees the numbers as positive, affording him flexibility to prioritise development in areas of greatest potential.

Interestingly he stressed the significance of the CEG 40% retained share and advised CEG had the ability to sell part of the share to other parties which may be an option if and when a drill is decided upon by Chevron and CEG BOD decide they prefer say a free carry at lower equity.

It’s all in the interview 12bn but, sadly, your dogmatic trolling hate agenda suggests you’ll never see it!

Bit late up today 12bn - must be difficult motivating yourself to post your tosh - things have moved on since 2023 - Chevron/ $12.5 million!

[12bn] 03/4/2024 09:00

- Excluding Trinidad, the Company's net cash spend during 1H 2023 was approximately $2.3 million. Of this, approximately $1.2 million was in relation to the Company's AREA OFF-1 licence in Uruguay ($0.5 million retained as restricted cash collateral for the work program performance bond, and the balance of $0.7 million spent on accelerated and expanded technical work program as described earlier in this report). The remainder $1.1 million largely reflects the Company's corporate overheads and miscellaneous expenses, reflecting a corporate overhead run rate ranging between $175,000 and $200,000 per month.//////// Have I posted this before?

[12bn] 03/4/2024 08:59

I feel a TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRrrrrrrrrrrrrrrrrrrrrrrr coming on here.

[zxie] 03/4/2024 08:25

Moving forward

[arrynillson] 02/4/2024 17:29

Will I buy in? Nah,buy the rumour sell the news. :)

Quote was from 12bn ( see above ) - another lie, unless he’s doing the opposite of what he advocates for others ( not a big leap for a Disgraced Compulsive Liar! ) - only weeks ago he was urging readers to SELL ( the rumour ! ) @ 0.065p - where’s the apology - where’s the credibility - where’s the compensation 12bn - where are the Carers?

[12bn] 02/4/2024 16:41

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[arrynillson] 02/4/2024 11:12

12bn6 Mar '24 - 07:25 - 20536 of 20960
0 0 0
· Chevron will carry 100% of CEG Uruguay's share of the costs associated with a 3D seismic campaign on AREA OFF-1, up to a maximum of US$15 million net to CEG Uruguay.

· Following the 3D seismic campaign, should Chevron decide to drill an initial exploration well on the AREA-OFF 1 block, Chevron will carry 50% of CEG Uruguay's share of costs associated with that well, up to a maximum of US$20 million net to CEG Uruguay.////// Well I didn't expect CEG to get a JV for the 3D seismics but CEG will still have to stump up funds IF drilling commences and CEGs share of the costs is over $20m but even so this is unexpected good news. Will I buy in? Nah,buy the rumour sell the news. :)

' Unexpected good news ’ - when Chevron pay the $12.5 million will 12bn stop posting? Naaaaaaaaaaaaaah !

[arrynillson] 02/4/2024 10:33

Disgraced Compulsive Liar 12bn - Eytan talks about the $200,000 monthly run rate for the company going forward in the context of the Chevron $12.5 million completion payment - naturally he sees the numbers as positive, affording him flexibility to prioritise development in areas of greatest potential.

Interestingly he stressed the significance of the CEG 40% retained share and advised CEG had the ability to sell part of the share to other parties which may be an option if and when a drill is decided upon by Chevron and CEG BOD decide they prefer say a free carry at lower equity.

It’s all in the interview 12bn but, sadly, your dogmatic trolling hate agenda suggests you’ll never see it!

Bit late up today 12bn - must be difficult motivating yourself to post your tosh - things have moved on since 2023 - Chevron/ $12.5 million!

[12bn] 02/4/2024 08:28

- Excluding Trinidad, the Company's net cash spend during 1H 2023 was approximately $2.3 million. Of this, approximately $1.2 million was in relation to the Company's AREA OFF-1 licence in Uruguay ($0.5 million retained as restricted cash collateral for the work program performance bond, and the balance of $0.7 million spent on accelerated and expanded technical work program as described earlier in this report). The remainder $1.1 million largely reflects the Company's corporate overheads and miscellaneous expenses, reflecting a corporate overhead run rate ranging between $175,000 and $200,000 per month.//////// Have I posted this before?

[arrynillson] 02/4/2024 07:49

Carers late?

[alhambra1] 30/3/2024 10:35

hxxps://www.cruxinvestor.com/posts/challenger-energy-group-chases-oil-riches-in-uruguay-with-chevron-in-tow

[willec1979] 29/3/2024 11:15

Have a lovely weekend all of you trolls. As soon you will be crying in your soup for the rest of the year as this company heads in the right direction. Looking for pence very soon and hopefully 5p + in 2025.

12bn my advice go and find another share. You will never be able to buy this again at below 0.10p let alone 0.03p. Those days are behind us.

BUY BUY BUY!!!! This is the only way 12bn and other trolling scum.

[alhambra1] 29/3/2024 09:58

hxxps://cegplc.com/2024/03/18/why-the-conjugate-margin-in-uruguay-and-southern-brazil-may-have-even-more-to-offer-than-the-orange-basin-in-namibia/


More good news....



(((^_^;)

[willec1979] 28/3/2024 17:18

After hours gaps being filled. Getting ready for the next rise.

[willec1979] 28/3/2024 17:17

12bn, people always sell before a long BH and onlt down 1..75% whilst up over 200% in recent months.

12bn is a prat

[12bn] 28/3/2024 15:13

New lows keep being tested here,ominous. Today could be a good day for bad news,with the markets closing for easter,we shall see.

[arrynillson] 28/3/2024 13:35

Will - just in case Disgraced Compulsive Liar 12bn doesn’t reply I’ve cut n pasted his response to the transformative Chevron deal - ' unexpected ( for him! ) good news ’.

Interestingly 12bn is now querying in his post today whether the deal will EVER take place - desperation from the disgraced!

12bn6 Mar '24 - 07:25 - 20536 of 20960
0 0 0
· Chevron will carry 100% of CEG Uruguay's share of the costs associated with a 3D seismic campaign on AREA OFF-1, up to a maximum of US$15 million net to CEG Uruguay.

· Following the 3D seismic campaign, should Chevron decide to drill an initial exploration well on the AREA-OFF 1 block, Chevron will carry 50% of CEG Uruguay's share of costs associated with that well, up to a maximum of US$20 million net to CEG Uruguay.////// Well I didn't expect CEG to get a JV for the 3D seismics but CEG will still have to stump up funds IF drilling commences and CEGs share of the costs is over $20m but even so this is unexpected good news. Will I buy in? Nah,buy the rumour sell the news. :)

[willec1979] 28/3/2024 13:06

Oh no crisis 12bn, 3% down today - not to worry 226% up in 6 months. Seriously, 12bn can you not even see this is going news you plank.

[arrynillson] 28/3/2024 11:30

arrynillson27 Mar '24 - 11:16 - 20944 of 20958 Edit
0 0 0
Disgraced Compulsive Liar 12bn - Eytan talks about the $200,000 monthly run rate for the company going forward in the context of the Chevron $12.5 million completion payment - naturally he sees the numbers as positive, affording him flexibility to prioritise development in areas of greatest potential.

Interestingly he stressed the significance of the CEG 40% retained share and advised CEG had the ability to sell part of the share to other parties which may be an option if and when a drill is decided upon by Chevron and CEG BOD decide they prefer say a free carry at lower equity.

It’s all in the interview 12bn but, sadly, your dogmatic trolling hate agenda suggests you’ll never see it!

Bit late up today 12bn - must be difficult motivating yourself to post your tosh - things have moved on since 2023 - Chevron/ $12.5 million!

[arrynillson] 28/3/2024 10:33

Disgraced Compulsive Liar 12bn - I’m not seeing investors who bought in post Super Major Chevron deal asking for pity but anyone taking your advice to sell @ 0.065p days before the announcement you didn’t believe would happen should be be demanding compensation from you!

[12bn] 28/3/2024 10:30

Oh dear 0.135p bid,TIMBERRRRRRRRRRRRRRRRRRRRRRRrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.

[12bn] 28/3/2024 10:28

- Excluding Trinidad, the Company's net cash spend during 1H 2023 was approximately $2.3 million. Of this, approximately $1.2 million was in relation to the Company's AREA OFF-1 licence in Uruguay ($0.5 million retained as restricted cash collateral for the work program performance bond, and the balance of $0.7 million spent on accelerated and expanded technical work program as described earlier in this report). The remainder $1.1 million largely reflects the Company's corporate overheads and miscellaneous expenses, reflecting a corporate overhead run rate ranging between $175,000 and $200,000 per month.//////// Have I posted this before?

[12bn] 28/3/2024 10:25

BigStupid2,CEGs assets are still losing $175k-$200k a month as far as we have been told. It still will rely on share issuances as the Uruguay deal will not provide cash for some considerable time IF EVER./////// Completion and financial close of the Transaction will be subject to the satisfaction of conditions precedent and customary third-party approvals from the Uruguayan regulatory authorities, which are anticipated to take several months to finalise - the parties have commenced engagement with the regulators.