Uncategorized

Condor Petroleum: Year End Results

Condor Petroleum Inc. is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2013, together with the related Management’s Discussion and Analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorpetroleum.com. All financial amounts in this …

READ MORE →
Uncategorized

Condor Petroleum: Completes US$88m Marsel Sale

Condor Petroleum Inc.  is pleased to announce that the sale of Condor’s 66% interest in the Marsel Territory for US$88.0 million (“Marsel Transaction”) was completed on January 28, 2014. After registering the Marsel Transaction with certain regulatory authorities in Kazakhstan, US$83.0 million (CA$91.3 million) held in escrow was released and …

READ MORE →
Uncategorized

Condor Receives Final Approval for the Sale of Marsel

Condor Petroleum Inc. is pleased to announce the receipt of Kazakhstan Antimonopoly Agency approval for the sale of Condor’s 66% interest in the Marsel Territory for US$88 million (the “Marsel Transaction”). All conditions for completion have now been satisfied and the Marsel Transaction is expected to close by the end …

READ MORE →