Condor Petroleum (TSE:CDR) has released an update.
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Condor Energies Inc. has launched a project to boost gas production in Uzbekistan, targeting an increase through various methods such as artificial lift and drilling programs. The Canadian-based company will cover the project’s expenses and reap a share of the net revenues, with all gas supplied domestically in Uzbekistan. Amidst a growing economy and significant investment, Uzbekistan remains focused on natural gas as a key transitional energy source.
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