Condor Petroleum: Kazakh Ministry of Energy Appeals Zharkamys Ruling to the Court of Appeal
Condor Petroleum Inc., a Canadian based oil and gas company focused on production and exploration activities in Turkey and Kazakhstan provides an update on the extension of the Zharkamys exploration contract (“Zharkamys Contract”). As disclosed on March 1, 2018, the Company received a favorable Kazakhstan Civil Court (“Civil Court”) ruling …
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: 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: Receives Zharkamys West 1 Exploration Contract Extension Till Dec 2016
Condor Petroleum Inc. (“Condor” or the “Company”) (CPI) is pleased to announce that the Government of Kazakhstan has approved an extension to the Zharkamys West 1 exploration contract for ten months until December 14, 2016. The Zharkamys exploration contract will be amended in due course. Drilling Update: A drilling contractor …
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 …
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 …
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 …
Condor Announces Closing of $15,000,000 Senior Unsecured Note Financing
Condor Petroleum Inc. is pleased to announce the issuance of a senior unsecured note in the principal amount of CAD $15,000,000. The Note shall bear interest at 16% per annum with 1% payable on closing and the remaining 15% accruing daily and payable quarterly in arrears. These funds allow the …