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How Condor Energy Plans to Unlock 1 Tcf Gas and 3 Billion Barrels Oil in Peru

8:36am on Wednesday 11th of March, 2026 AEDT Energy
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How Condor Energy Plans to Unlock 1 Tcf Gas and 3 Billion Barrels Oil in Peru

8:36am on Wednesday 11th of March, 2026 AEDT
Key Points
  • 1 Tcf discovered contingent gas resource at Piedra Redonda
  • 3.4 billion barrels unrisked prospective oil resources across six key prospects
  • Ongoing conversion of Technical Evaluation Agreement to full exploration licence
  • Multiple offtake agreements and MOUs underway for gas commercialisation
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