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Condor Confirms Multi-Billion Barrel Potential with TEA Work Completion Offshore Peru
8:28am on Thursday 16th of April, 2026 AEST
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Energy
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Condor Confirms Multi-Billion Barrel Potential with TEA Work Completion Offshore Peru
8:28am on Thursday 16th of April, 2026 AEST
Key Points
TEA work programme completed early including 1D basin modelling
Basin modelling confirms hydrocarbon generation timing aligns with mapped prospects
Prospective resources exceed 3.3 billion barrels net to Condor
Supports licence conversion application and farm-out discussions
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