Condor Energies Inc.
A Gas Producer Pioneering LNG & Lithium Exploration in Central Asia
Published: 10/3/2024
Author: FRC Analysts

Sector: Energy | Industry: Oil & Gas E&P
Ticker Symbols:
CDR.TO - TSX 🔹
CNPRF - OTCQX 🔹
- In January 2024, Condor Energies (CDR) obtained rights to eight natural gas fields in Uzbekistan, producing 60,000 mcf/d (thousand cubic feet per day), and transformed into a significant gas producer. The company is also developing a Liquefied Natural Gas (LNG) project, and conducting lithium exploration in Kazakhstan.
- The company was established by the founders of the Osisko Group of mining companies. Management has a successful track record in the oil and gas industry in Central Asia.
- CDR has a 20-year contract from the Government of Uzbekistan to operate eight gas fields, and enhance production using Western technologies. This is part of Uzbekistan’s efforts to revi