Condor Petroleum (TSE:CDR) has released an update.
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Condor Energies Inc. has launched operations to enhance gas production in Uzbekistan, covering eight natural gas-condensate fields, with the aim to supply increased production domestically. The Canadian energy company will bear all project costs in return for a share of net revenues, and plans to improve output through various technological methods, including artificial lift and drilling programs. This initiative aligns with Uzbekistan’s focus on natural gas as a transition energy source and reflects Condor’s commitment to growth and minimizing environmental impacts.
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