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Condor Energies Inc

Crux Investor Index
7
i
Market Cap (USD)
77304790
Symbol
TSX:CDR
Stage of development
Primary COMMODITY
Oil & Gas
Additional commodities
No items found.

Condor Energies Inc Company Overview

Condor Energies is a Canadian-based energy and critical mineral developer focused on Central Asia established in 2006 by the founders of the Osisko Group of mining companies. Condor is advancing projects related to natural gas, lithium, and liquefied natural gas (LNG) in the countries of Uzbekistan and Kazakhstan.

Condor is seeking to optimize production from existing natural gas fields in Uzbekistan through the application of modern technologies and operating practices. The company has proposed a 3-stage investment plan to the Uzbek government to increase the country's energy security. Condor also holds two production licenses covering 110 km2 in Turkey including the Poyraz Ridge gas field.

In Kazakhstan, Condor recently secured a 6-year license covering 37,300 hectares prospective for lithium brines. The company sees potential for a 670-meter column of mineral-rich brine reservoirs based on historical data. Condor plans to advance the project using direct lithium extraction technologies and modular systems. Additionally, the company has signed memorandums of understanding with Kazakh government agencies regarding the development of the country's first modular LNG facilities to service the mining and transportation sectors.

Supported by its strong technical team, Condor is leveraging its 15+ years of operating experience in Central Asia to execute projects aimed at increasing energy production and security while reducing emissions intensity. The company is advancing multiple technologies and commodities integral to the global energy transition.

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