Challenger Energy Group presents an intriguing high risk, high reward investment opportunity for those looking to gain exposure to a potentially major new offshore oil province. The AIM-listed junior explorer has strategically acquired a leading acreage position off the coast of Uruguay, attracting oil major Chevron as a deep-pocketed partner. With 3D seismic and drilling catalysts on the horizon, now may be an opportune time for risk-tolerant investors to take a closer look at this little-known story.