Condor informs about the activities of entwicklungen in Usbekistan • news • onvista

IRW-PRESS: Condor Energies Inc.: Condor informs on operational activities in Usbekistan

Calgary, Canada, – December 19, 2024: Condor Energies Inc. (Condor oder das Unternehmen, TSX: CDR, WKN: A3DPZ1), Canada’s energy response for power generation projects in Usbekistan zu veröffentlichen.

Condor Energies made a great fortune in Usbekistan and took place in December 2024 with a hard production of 11,354 boe/d, the production aufgrund von Wartungsarbeiten an der nachgelagerten Infrastruktur in nicht vom Unternehmen betriebenen Anlagen Un tag lang eingeschränkt war. The company has dedicated 13% production to hard production of 10,010 boe/day during the 2024 quarter. The companies have supplied two workover platforms and one wireline for a period of 2025 and one platform. straight workover form. and a second Wireline solution with one-stop-shop assessment services in North America meeting import service requirements. The companies’ mission is to provide higher quality products with longer preparation time, as do the driving rules and potential inspection measures for vertical and horizontal country fields, with larger Bohemian mountains , which begin in the second quarter of 2025. The companies’ second Flowline water connection is during the trip to Usbekistan, where the installation will take place this time this month. Three further assistance measures are being taken for the installation in the first quarter of 2025.

One of the Workover-Bohranlagen setzt die Perforation bisher nicht ausgeschöpfter et umgangener Nutzzonen in dicken Karbonatplattformen aus dem Jura fort, während die deuxweite Bohranlage non auf flachere, aus der Kreidezeit stammende, gestapelte Rinnensande abzielt, die bisher auf den Feldern von Condor have not disappeared. Only once, the meter length interval at the cruise time is punctured, and the gas propagation time is reached. Sobald der Fertigstellungsstrang gelaufen et der Produktionsbaum installiert ist, wird die Bohranlage vom Standort entfernt and the Bohrloch getestet. The second Bohranlage has a single distribution network, another canal and another channel.

Don Streu, President and CEO of Condor, commented: In 10 months, we had a 20% increase in production projects and production volumes by a leading company and Western technology. If we do not know what to do with our Workovers and Anlagenverbesserungsprogramme, they will be able to provide you with the correct results.

We have a budget of $19.4 million for a total of $19.4 million. Dollar is a very good plan, our plan for the production cycle by 2025, apart from short capital for zusätzliche workovers, new series, technologies, field work, 3D seismic activities and Feldverdichtung bereitstellen. The Kapitalerhöhung also has an institutional and private business base and our Balance Sheet management, which allows us to access the best business portfolios in the Western region and the Benachbarten region. The production forecast for 2025 will soon be available in Switzerland.

ÜBER CONDOR ÉNERGIES INC.

Condor Energies Inc. is a TSX-notified contractor in the energy sector, which has also launched initiatives in Central Asia and Turkey. With gas production, a construction project and study of the first Zentralasiens LNG network and a separate project for the integration and production of Lithiumsole, the companies have a complex job for reserves, production and flow management of cash flow, this is the best time to take it, it is possible to use minimal cash flow.

Bitte beachten Sie: Es gilt das englische Original dieser Pressemitteilung. You will find this on the suppliers’ website under https://condorenergies.ca/.

The TSX accepts no responsibility for the adequacy or accuracy of this press release.

UNTERNEHMENSKONTAKT

Don Streu, President and CEO

or Sandy Quilty, Vice President of Finance and Chief Financial Officer

Tel: +1 403-201-9694

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release constitute forward-looking statements under applicable securities laws. Such statements are generally identifiable by the terminology used, such as anticipate, appear, believe, intend, expect, plan, estimate, budget, outlook, planned, may, will, should, could, would, underway of or other similar wording. Forward-looking information contained in this press release includes, but is not limited to, information regarding: the timing and ability to import a third workover platform and a second wireline unit; the timing and ability to receive items on a timely basis, contract a drilling rig and initiate a multi-well vertical and horizontal drilling campaign; the timing and capacity to receive and install the second water separator in the field; the timing and capacity to receive and install three additional water separators on the land; the timing and ability to punch previously unexhausted and bypassed payment zones; the timing and ability to target shallower sands that have not been previously penetrated; the timing and ability to test the recently perforated Cretaceous well; the timing and ability to move the second platform to another Cretaceous well targeting separate channel sand; the timing and ability to accelerate production growth plans for 2025; the timing and ability to pursue substantial growth opportunities within the existing asset portfolio and neighboring area; and the timing and ability to disclose production forecasts for 2025.

ABBREVIATIONS

The following is a summary of the abbreviations used in this press release:

boe/d – barrels of oil equivalent per day*

* Barrels of oil equivalent (boe) are obtained by converting gas to oil at a ratio of six thousand standard cubic feet (Mscf) of gas to one barrel of oil based on a primarily energy conversion method applicable at the tip of the burner and does not represent an equivalence of value at the wellhead. Since the value ratio based on the current price of crude oil relative to the price of natural gas is very different from the energy equivalence of 6 Mscf per 1 barrel, using a conversion ratio of 6 Mscf for 1 barrel can be misleading as an indication of value, especially if used in isolation.

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https://www.irw-press.at/press_html.aspx?messageID=77891&tr=1

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