Sintana Energy to acquire Challenger Energy Group for £45m.

Sintana Energy, a public oil and natural gas exploration company, agreed to acquire Challenger Energy Group, an oil and gas company that offers production and maintenance services, for £45m. "The combination of Sintana and Challenger delivers on our long-term strategy to create and execute on a portfolio of exposures to high-impact exploration opportunities. Expanding our aperture to capture the promise of the Atlantic margin from Namibia and Angola to Uruguay with a diversified portfolio of development and exploration assets creates a market leader positioned to deliver significant success," Robert Bose, Sintana CEO and Director.