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Condor Energies Reports Record Production Average at Uzbekistan Wells

Condor Energies Reports Record Production Average at Uzbekistan Wells

MT newswireMT newswire2026/11/04 17:59
01:59 PM EST, 11/04/2026 (MT Newswires) -- Condor Energies (CDR.TO) achieved a record production average of 18,582 barrels of oil equivalent per day (boe/d) over the past nine days at its Uzbekistan wells, the company said on Wednesday. Production in Uzbekistan for the third quarter averaged 16,693 boe/d, a 71% jump year over year. Eleven wells have been drilled this year and another two to four wells were planned to be completed by year end, the company said. Condor began drilling the K-53 well, Uzbekistan's first multilateral well at a separate Kumli license structure. The company's shares were last seen down CA$0.12 at CA$3.85 on the Toronto Stock Exchange. Price: 3.84, Change: -0.13, Percent Change: -3.27
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