Challenger Energy Group PLC engages in the exploration, development, appraisal, and production of oil and gas properties. It holds 40% interest in the AREA OFF-1 block that covers an area of approximately 14,557 square kilometers located in Uruguay; 100% interest in the AREA OFF-3 block that covers an area of 13,252 square kilometers located in Uruguay; and 100% interest in three producing fields located onshore of Trinidad, as well as holds four exploration licenses offshore the Bahamas. The company was formerly known as Bahamas Petroleum Company plc and changed its name to Challenger Energy Group PLC in May 2021. Challenger Energy Group PLC was founded in 2005 and is headquartered in Castletown, United Kingdom.