Condor Energy Ltd
Condor Energy Applies for Peru Licence Contract after Securing 100% Interest in Tumbes Basin Block
Condor Energy seeks Peru TEA-86 Licence Contract after a 100% stake; 3.3B bbl oil potential and 1 Tcf gas. Perupetro approval hurdle; A$2.25m raise funds ahead.
Condor Energy confirms 3 billion-barrel oil potential at Peru’s offshore Tumbes Basin
Condor Energy (ASX: CND) has confirmed a multi-billion-barrel prospective oil resource across five prospects at its Tumbes Basin technical evaluation area (TEA) LXXXVI in offshore northern Peru. The Tumbes Basin is a proven hydrocarbon province with existing oil and gas discoveries and production. The independent assessment by international resource consultancy Netherland Sewell & Associates Inc […]
Condor Energy confirms significant gas upside at Piedra Redonda offshore Peru project
Condor Energy (ASX: CND) has received an independent assessment which has confirmed the significant upside potential of the Piedra Redonda gas field off the coast of Peru. The company came out of a trading halt to announce that studies by leading international independent resource auditing firm RISC Advisory had identified a 147% increase in the […]
Condor Energy upgrades Piedra Redonda gas field in Peru with enhanced seismic data
Condor Energy (ASX: CND) has gained further confidence in the potential of its Piedra Redonda gas field off the coast of Peru with new insights derived from the interpretation of reprocessed 3D seismic data. The Piedra Redonda gas field lies within the 4,858 square kilometre Tumbes Basin Technical Evaluation Agreement (TEA) area granted to Condor […]