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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 Apr 01, 2025 4:45pm
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Post# 36519218

New Research report on CDR by FRC

New Research report on CDR by FRC
Fundamental Research released a new research report on Condor Energies Inc. (TSX: CDR.TO, OTCQX: CNPRF), a growing name in the oil and gas E&P sector. Q4-2024 production increased 4% QoQ, reaching 18.5 bcf for the year, followed by a 19% QoQ jump in Q1-2025, driven by a revitalized well—prompting us to raise our 2025 production forecast to 77,000 mcf/d from 70,000. Most of Condor’s output stems from a 20-year deal with Uzbekistan, where regulated gas prices offer stability uncommon in the industry. Revenue hit $66.7M in 2024, with 2025 eyeing a record peak. A Kazakhstan LNG facility, under construction, is slated for 2026 operations. The report explores these trends, plus catalysts like further well activations and LNG progress, amid steady financials with $27.8M in cash and $8.9M in long-term debt.
 
Read the full report: click here
 
Disclaimer: This article and research coverage is paid for and commissioned by issuers. Past Performance is not indicative of future results. 
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