Condor to Sell Shoba and Taskuduk Oilfields for CA$32.7 Million
Condor Petroleum Inc. is pleased to announce that its wholly owned subsidiary, Falcon Oil & Gas Ltd has entered into a binding agreement to sell Falcon’s 100% interests in the Shoba and Taskuduk production contracts and associated field equipment for US$24.6 million which, at the current exchange rate of 1.33 …
Condor Petroleum: Q3 Results – Zharkamys Court Case With the Supreme Court
Condor Petroleum Inc., a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2017, together with the related management’s discussion …
Condor Petroleum: Q1 2017 Results – $56.6 million Expense Related to the Derecognition Under the Zharkamys Contract
Condor Petroleum Inc., a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2017, together with the related management’s discussion and analysis. …
Condor Petroleum: Taskuduk Commences Commercial Production
Condor Petroleum Inc. is pleased to announce that commercial oil production has commenced at the Taskuduk oilfield in Kazakhstan. The production from Taskuduk complements the Shoba commercial production which began in September. The combined flow rates from these 100% owned oilfields have exceeded an average of 600 barrels per day to …
Condor Petroleum: 2015 Results – Reserve Replacement Running at 183%
Condor Petroleum Inc. (“Condor” or the “Company”) (TSX: CPI) is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2015, 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 …
Condor Petroleum: KN-501 – Non Commercial But Does Confirm Hydrocarbon Source, Migration, Trap and Seal are Present
Condor Petroleum Inc. is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three and nine months ended September 30, 2015, 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 Petroleum: Tender Out for Drilling
The Company plans to commence with export oil sales from Shoba and Taskuduk later on this year once the respective commercial production contracts are executed. Condor Petroleum Inc. is pleased to provide an update on operational activities on the Zharkamys West 1 Territory in Kazakhstan. Shoba Trial Production Production at …
Condor Petroleum: Appraisal Well at Kiyaktysai Hits 71m of Pay
Condor Petroleum Inc. is pleased to provide an update on operational activities on the Zharkamys West 1 Territory in Kazakhstan (“Zharkamys”). Appraisal Well at Kiyaktysai encounters multiple reservoirs: The KN-E-205 Primary Basin appraisal well was drilled to a total depth of 1876 meters and encountered three sandstone reservoirs from 1208-1410 meters, …
Condor Petroleum: Q3 Results – Production Down due to Limitations in the Production Period, Force Majeure due to Weather at Zharkamys
Condor Petroleum Inc. is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three and nine months ended September 30, 2014, 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 …