middle.news

Condor Energy Secures A$3 Million to Accelerate Peru Gas Exploration

7:03pm on Monday 2nd of June, 2025 AEST Energy
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Condor Energy (ASX:CND)
OPEN ARTICLE