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Condor Energies Inc T.CDR

Alternate Symbol(s):  CNPRF

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

Post by Betteryear2on Jan 31, 2024 7:30am
228 Views
Post# 35854349

Condor Signs a Production Enhancement Contract

Condor Signs a Production Enhancement ContractCALGARY, Alberta, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company is pleased to announce that it has entered into a production enhancement contract (the “Project”) with the Uzbekistan government to increase the production and overall recovery rates from an integrated cluster of eight conventional natural gas-condensate fields in the country (the “Fields”). The Project will increase the country’s domestic supply of natural gas while also contributing to carbon emissions reductions.

Condor Signs a Production Enhancement Contract for Eight (globenewswire.com)
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