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Condor Energy Unveils 1 Tcf Gas Resource at Piedra Redonda Offshore Peru
7:03pm on Monday 2nd of June, 2025 AEST
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Energy
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Condor Energy Unveils 1 Tcf Gas Resource at Piedra Redonda Offshore Peru
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Best estimate (2C) contingent gas resource of 1 Tcf at Piedra Redonda
Reprocessed 3D seismic data reveals stratigraphic trap with enhanced reservoir connectivity
Multiple scalable development options identified including gas-to-power and CNG solutions
High-graded prospects undergoing detailed mapping and independent resource assessments
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