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Condor Energy Expands Offshore Peru Portfolio Beyond 3.3 Billion Barrels and Secures Full TEA 86 Ownership
7:05pm on Wednesday 29th of April, 2026 AEST
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Energy
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Condor Energy Expands Offshore Peru Portfolio Beyond 3.3 Billion Barrels and Secures Full TEA 86 Ownership
7:05pm on Wednesday 29th of April, 2026 AEST
Key Points
Greater Raya Prospect surpasses 900 million barrels (2U) gross unrisked
Total exploration portfolio exceeds 3.3 billion barrels (2U) gross unrisked
Large-scale deepwater reservoir fans identified, comparable to major global discoveries
Condor to acquire remaining 20% of TEA 86 via performance shares
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