Condor Energies Inc T.CDR

Alternate Symbol(s): CNPRF

Energy Oil & Gas E&P

Condor Energies Inc. is a Canada-based internationally focused energy transition company, which is focused on diverse initiatives in Central Asia. The Company has a producing gas asset, an ongoing project to construct and operate Central Asia’s first LNG facility and a separate project to develop and produce lithium brine. It has built a robust foundation for reserves, production and cashflow growth while also striving to minimize its environmental footprint. It has a 100% interest in and operates an exploration license in Kazakhstan for mining solid minerals, including lithium (the Lithium Mining License). It has a 100% interest in and operates the Poyraz Ridge and Destan operating licenses and gas fields in Turkiye. The Company, through its wholly owned subsidiary Marsa Turkey BV (MTBV), has a 100% working interest in two adjoining production licenses located on the Gallipoli (Gelibolu) peninsula in NW Turkey, lying within the SW extension of the prolific gas-producing Thrace Basin.

TSX:CDR - Post by User

Condor Energies Inc

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Post by HOCKEY55on Apr 09, 2014 11:08am

205 Views

Post# 22429677

cash flow

Condor will be start drilling 6 wells that are in the 2014 budget. 3 exploration wells target 66 MMboe recoverable, also an appraisal well of last year's Kiyaktysai discovery will be drilled. Two horizontal wells will be drilled at Shoba to increase production there. And the Taskuduk discovery will be coming on line for commercial production so this will get a positive cash flow for Condor. Condor should be on it's way very soon to becoming a very good stock to own.

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