Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Challenger Energy Shares Soar After Drilling Progress Report

Jan. 4 (Bloomberg) -- Challenger Energy Ltd., an Australian oil and gas exploration and production company, jumped after drilling at its Triple Crown Prospect project intersected more than 1000 feet of potentially gas-charged zones, the Perth-based company said in a regulatory filing.

The shares jumped as much as 53 percent on the Australian stock exchange, its highest level since August 2008, and were trading at 21.5 Australian cents at 2:25 p.m. in Sydney.

To contact the reporter for this story: Lisa Pham in Sydney at lpham14@bloomberg.net.

To contact the editors responsible for this story: Nick Gentle at ngentle2@bloomberg.net; Neil Denslow at ndenslow@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.