The American Stock ExchangeÂ® (AmexÂ®) today listed the common stock of Challenger Energy Corp. under the ticker symbol CHQ.
Challenger Energy Corp. is a Canadian company engaged in oil and gas exploration, with its primary emphasis on high impact opportunities offshore Nova Scotia and Trinidad and Tobago. Challenger will begin a three well back- to-back drilling program offshore Trinidad and Tobago with Amex-listed Canadian Superior Energy as the operator. The first well is scheduled to commence by the end of March 2007.
“We are pleased to welcome Challenger Energy Corp. to the American Stock Exchange,” said John McGonegal, Senior Vice President of the Amex Equities Group. “Many growing energy and resource companies have chosen the Amex as their home, and we are confident Challenger Energy will benefit from the array of support we provide companies in this industry.”
“The Amex listing represents a major milestone for our company,” said Greg Noval, Chairman of Challenger Energy Corp. “We will be joining a prestigious group of corporations, including Imperial Oil Ltd. and other internationally recognized corporations which trade on the American Stock Exchange. We will gain increased visibility and market liquidity in the global investment community.”
The specialist in Challenger Energy Corp. will be Brendan Cryan & Company. For further information on CHQ and other Amex-listed companies, please visit http://www.amex.com.
The American Stock ExchangeÂ® (AmexÂ®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 236 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com.
Source: American Stock Exchange