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Condor Energy Raises A$2.25M to Propel Offshore Peru Licence Conversion and Drilling Prep

9:48am on Monday 4th of May, 2026 AEST Energy
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Condor Energy Raises A$2.25M to Propel Offshore Peru Licence Conversion and Drilling Prep

9:48am on Monday 4th of May, 2026 AEST
Key Points
  • A$2.25 million placement at 19% discount
  • Funds to convert TEA-86 to Exploration/Exploitation Licence
  • Piedra Redonda gas field with 1 Tcf contingent resources
  • Over 3 billion barrels prospective oil resources advancing
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