Condor Clears Peru Qualification Hurdle As Gas Project Study Advances
Closing price · 2026-10-26: $0.018 · +0.00%
Condor Energy completed an independent study identifying conventional shallow-water development options for its Piedra Redonda gas project and, after quarter-end, received formal qualification from PERUPETRO to progress direct negotiations on a proposed licence contract. The company also advanced discussions with prospective gas buyers and strategic partners, while beginning a study of potential drilling options.