Challenger Energy Corp. ("Challenger") (TSX VENTURE: CHQ) (AMEX: CHQ) announces that one of its directors, Mr. Greg Noval, has resigned from the board of directors for personal reasons. Challenger wishes to acknowledge the contributions Mr. Noval has brought to Challenger. Challenger Energy Corp.

Challenger Energy Corp. ("Challenger") (TSX VENTURE: CHQ)(AMEX: CHQ) is pleased to announce today that it has successfully closed a previously announced equity financing (the "Offering") for gross proceeds of $30,000,000.

Challenger Energy Corp. ("Challenger Energy") (TSX VENTURE: CHQ) (AMEX: CHQ) is pleased to announce the release of its second quarter 2008 financial results.

Challenger Energy Corp. ("Challenger") (TSX VENTURE: CHQ)(AMEX: CHQ), announced today that it has made a significant natural gas discovery with the drilling and production testing of the "Bounty" exploration well.

CALGARY, ALBERTA--(Marketwire - July 9, 2008) - Challenger Energy Corp. ("Challenger") (TSX VENTURE:CHQ)(AMEX:CHQ), along with its partners Canadian Superior Energy Inc.