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Condor Energy Secures A$3 Million to Accelerate Peru Gas Exploration
7:03pm on Monday 2nd of June, 2025 AEST
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Energy
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Condor Energy Secures A$3 Million to Accelerate Peru Gas Exploration
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
A$3 million placement backed by institutional and sophisticated investors
Funds to support technical work and resource assessments in Tumbes Basin TEA
Focus on commercialising Piedra Redonda gas discovery with 1 Tcf 2C contingent resource
Placement shares issued at $0.026, a 15.9% discount to VWAP
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