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Condor Energy Advances Offshore Peru Licence Contract with Full TEA 86 Ownership

10:00am on Thursday 1st of January, 1970 AEST Energy
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Condor Energy Advances Offshore Peru Licence Contract with Full TEA 86 Ownership

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • Application lodged to convert TEA 86 into Licence Contract
  • Condor acquires remaining 20% interest, holding 100% of TEA 86
  • Prospective oil resources exceed 3.3 billion barrels (2U)
  • Piedra Redonda gas discovery holds 1 Tcf contingent resources
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