Global Oil & Gas (AU:CND) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Condor Energy Ltd has enhanced the oil and gas prospectivity of its Tumbes Basin Technical Evaluation Agreement block in offshore Peru by reprocessing 1,000km² of legacy 3D seismic data. The improved data quality has led to a better seismic image and frequency content, aiding in the identification of over 20 new prospects and leads. The company is now proceeding with resource estimation for its main prospects, signaling potential growth in its exploration activities.
For further insights into AU:CND stock, check out TipRanks’ Stock Analysis page.