Condor Energy Identifies Large-Scale Deepwater Reservoir Systems at Peru Project

MT Newswires Live

03/26

Condor Energy (ASX:CND) said integrated studies provide strong evidence for the presence of deepwater sand-rich reservoir systems across its Technical Evaluation Agreement (TEA-86) area in the offshore Tumbes Basin, Peru, according to a Thursday Australian bourse filing.

The company said expedited technical work supports progression toward an exploration license contract conversion application and establishes a clear pathway toward drilling exploration wells.

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