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Condor Energy Launches Study to Commercialize Piedra Redonda Gas Field

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Condor Energy Launches Study to Commercialize Piedra Redonda Gas Field

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Global Oil & Gas ( (AU:CND) ) has shared an update.

Condor Energy Limited has initiated a market and commercialisation study for its Piedra Redonda gas field in Peru, appointing OPC to evaluate development options and market opportunities. This study represents a significant step in Condor’s strategy to advance the Piedra Redonda discovery into a commercially viable project, potentially enhancing its market position and engagement with partners.

More about Global Oil & Gas

Condor Energy Limited is a company in the energy sector, focusing on the exploration and development of gas resources. Its primary product is natural gas, with a market focus on high-value markets and existing infrastructure, particularly in the Tumbes Basin, Peru.

Average Trading Volume: 2,332,905

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$14.03M

For an in-depth examination of CND stock, go to TipRanks’ Overview page.

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