AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.60 per share: C$26-29.9 mm equity raise to boost growth – Gross production in Uzbekistan has reached ~14 mboe/d, reflecting the strong performance of the K-46 well. Condor is raising C$26–29.9 mm of new equity at C$2.60 per share, providing capital to accelerate production growth. The very high wellhead pressures from new wells are constraining output from older, lower‑pressure wells. Proc...
AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.80 per share: Very high flow rate at latest hz well boosts reserves, production and exploration upside – The K‑46 horizontal well has delivered an excellent result, flowing at rates of up to 18.3 mmcf/d. It has been choked back to a stable 15.5 mmcf/d to mitigate the risk of gas‑hydrate formation. The flowing pressure of 1,235 psi is very high. With an initial reservoir pressure of 2,695 p...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.