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Condor Energies Boosts Production in Uzbekistan

Story Highlights
  • Condor Energies Inc increased daily production to 12,004 boepd in Uzbekistan.
  • The production boost is part of Condor’s strategy to enhance operations and market presence.
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Condor Energies Boosts Production in Uzbekistan

Condor Energies ( (TSE:CDR) ) has provided an announcement.

Condor Energies Inc has achieved a notable increase in its daily gas and condensate production in Uzbekistan, reaching an average of 12,004 boepd, marking a 5% rise from the previous period. This production boost is part of a broader strategy involving workover operations and the deployment of advanced evaluation tools, positioning Condor to enhance its operational capabilities and strengthen its market presence in the region.

More about Condor Energies

Condor Energies Inc is a TSX-listed energy transition company focused on European and Asian markets with initiatives in natural gas and condensate production in Uzbekistan, LNG diesel substitution facilities in Kazakhstan, and critical minerals development from brines in Kazakhstan.

YTD Price Performance: -5.32%

Average Trading Volume: 72,664

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$120.1M

For an in-depth examination of CDR stock, go to TipRanks’ Stock Analysis page.

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