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How Condor Energy’s New MoU and Oil Prospect Could Transform Its Peru Portfolio

8:34am on Friday 23rd of January, 2026 AEDT Energy
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How Condor Energy’s New MoU and Oil Prospect Could Transform Its Peru Portfolio

8:34am on Friday 23rd of January, 2026 AEDT
Key Points
  • Signed MoU with Promigas Perú for Piedra Redonda gas offtake evaluation
  • Discovered new Raya West oil prospect with strong seismic indicators
  • Confirmed 3 billion barrels gross prospective oil resources in Tumbes Basin
  • Ongoing stakeholder engagement supports commercial and regulatory progress
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