Global Oil & Gas (AU:CND) has released an update.
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Condor Energy Ltd. has announced promising development options for the Piedra Redonda Gas Project in Peru, following a technical review that revealed substantial gas resources. The project boasts contingent resources of 404 billion cubic feet with potential upside, and scalable options such as gas-to-power and compressed natural gas delivery are being explored. The company is advancing commercial and feasibility studies to determine the optimal commercialization pathway.
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