Condor Energies ehemals Condor Petroleum Inc. - Öl und Gas in Kasachstan (und Canada)

[oldwabble]

Antwort auf Beitrag Nr.: 76.415.106 von oldwabble am 20.09.24 15:05:37

ganz neu : gerade zugesandt bekommen.

you tube :

https://youtu.be/NLHX8DYaC2s?si=lupXYQF_jW-J6lof

[oldwabble]

Auctus advisors : Target $ 5,80

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Capital Research: LNG Projects Advancing, Increasing Target Price
ACTION: Maintain SPEC. BUY: Increasing Target Price to $5.35

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Condor Energies (CDR.TO, last at $1.99)

Condor is one of my weirdest stories, but it has also been one of my best performers as I’ve been long good size since before the company finalized its gas production enhancement deal in Uzbekistan. The company reported production of 10,000 boepd of gas in Q2 with around $20 million of revenue for the quarter. Initial low-cost plans to increase gas production have already yielded positive results and the company has a lot of running room to expand production with a modest capital spend. Meanwhile, on the LNG front CDR is emerging as a regional player in Kazakh domestic LNG, which is a highly attractive diesel substitute in the country. CDR received a feedgas allocation from the government of Kazakhstan to support its LNG initiatives and the company plans to expand of that over time. For now Condor’s focus is on supplying LNG to the soon-to-be-upgraded Kazakh locomotive fleet, which is a nice piece of business for a player like CDR. This one isn’t for everyone, but if you like central asian energy investing, you need to know Condor.

[Dripple8]

Capital research mit KZ 3 Dollar

Servus, nach einer längeren Pause melde ich mich hier auch mal wieder zurück. Freut mich, dass einige bekannte Gesichter bei CDR mit an Bord sind. Dieses Jahr verspricht definitiv spannend zu werden ;-)

[oldwabble]

Capital research mit KZ 3 Dollar 💵 UPCOMING EVENTS/CATALYSTS
- Production updates from Uzbekistan
- Definitive agreement for the modular LNG project in Kazakhstan (tba).
- Drilling and testing of two wells to confirm lithium concentrations in Kazakhstan (tba)

[oldwabble]

https://pro.ceo.ca/@GlobeNewswire/condor-signs-its-first-lng…

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Unternehmensseite von Condor Energies anzeigen, Grafik
Condor Energies
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Condor started a multi-well workover program in Uzbekistan. Installing artificial lift to increase gas rates, perforating newly identified pay intervals, performing downhole stimulation treatments, and isolating identified water intervals. Q2 production ~ 10,000 boepd

Auf LinkedIn

[oldwabble]

Das bringt Cash

"Since assuming operations on March 1, 2024, we’ve flattened the Project’s natural production decline rates, which previously exceeded 20 percent annually, while producing an average of approximately 10,000 boepd in the second quarter to-date."

[oldwabble]

news gestern

June 26, 2024

Condor Initiates Multi-Well Workover Campaign in Uzbekistan

CALGARY, June 26, 2024 – Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based energy transition company is pleased to announce the initiation of a multi-well workover campaign for the eight gas-condensate fields it operates in Uzbekistan (the “Project”).

This initial workover campaign includes installing proven artificial lift equipment to yield higher gas flow rates and increase well uptime, perforating newly identified pay intervals, performing downhole stimulation treatments, and isolating identified water intervals. With over 100 wells associated with the Project, both existing and shut-in wells will continue to be evaluated for optimization opportunities. The Company has also started construction of the first in-line flow separation unit, which separates water from the gas streams in the field, rather than at the production facility, thereby reducing pipeline flow pressure that can lead to higher reservoir flow rates.

Don Streu, President and CEO of Condor commented: “Since assuming operations on March 1, 2024, we’ve flattened the Project’s natural production decline rates, which previously exceeded 20 percent annually, while producing an average of approximately 10,000 boepd in the second quarter to-date. This has been achieved by introducing downhole surfactants that lift produced water more effectively, performing well choke-size optimizations, implementing facility upgrades, and introducing new operating methodologies. We are also undertaking a fugitive emissions mitigation program to reduce greenhouse gases for the Project. We will continue to source and apply proven technologies intended to materially increase the gas production rates, add additional recoverable reserves and reduce emissions, while working closely with Uzbekistan’s national gas company to exchange best practices”.

Readers are invited to review the Company’s latest corporate presentation available on the Condor website at “condorenergies.ca”.

ABOUT UZBEKISTAN
Uzbekistan is a resource-rich nation with the world’s 17th largest natural gas production (higher than the United Kingdom) and the world’s second largest gold production from a single mine. The extensive reforms introduced by the government have revitalized the economy and international investment in the country has increased tenfold over the last six years. Sustainable energy is a top priority, therefore, while renewable power production (solar and wind) is rapidly growing, natural gas continues to be the primary transition energy source for power generation and heating. Accordingly, the Government of Uzbekistan has made it a priority to increase production and maximize the recoveries from existing fields.