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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 Central Asia. It is engaged in developing cleaner fuels and critical minerals. The Company has a 51% interest in and operates a production enhancement services contract with JSC Uzbekneftegaz (UNG) to increase the production and overall recovery rates from an integrated cluster of eight conventional natural gas-condensate fields in Uzbekistan (the PEC Project). The Company has a 100% interest in and operates the Poyraz Ridge and Destan operating licenses and gas fields in Turkiye. The Company has a 100% interest in and operates the Sayakbay and Kolkuduk exploration licenses in Kazakhstan for mining solid minerals, including lithium.


TSX:CDR - Post by User

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  • cmarketinsightsX
Post by cmarketinsightson Dec 13, 2024 6:18pm
145 Views
Post# 36361934

Condor Energies is showing resilience

Condor Energies is showing resilience

What’s driving growth in Uzbekistan’s gas fields?

 

Condor Energies (TSX: CDR/OTC: CNPRF) is showing resilience by maintaining flat production in fields with a natural 20% decline rate. A 7% production boost following Q3 workovers highlights the effectiveness of its techniques.

 

With government-regulated pricing ensuring stability, CDR is poised for record revenue and EPS in 2024-2025. Key catalysts include updates on its LNG and lithium projects in Kazakhstan.

 

Get the full breakdown and insights from our analysts. Read the report here: https://www.researchfrc.com/content/reports/post/165/production-growth-in-uzbek-gas-fields-signals-strong-2025-outlook

 

*Issue-paid coverage.

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