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Condor raises $13.65mn to accelerate gas drilling programme in Uzbekistan

Condor Energies has completed a $13.65mn private financing to deploy a second drilling rig and intensify a 12-well gas programme in Uzbekistan scheduled for 2026.

Condor raises $13.65mn to accelerate gas drilling programme in Uzbekistan

CountriesCanada, États-Unis
SectorGaz
ThemeInvestissements & Transactions

Canadian company Condor Energies Inc. announced the closing of a private placement of convertible debentures totalling $13.65mn in gross proceeds, including the partial exercise of an over-allotment option. The operation aims to support the acceleration of its gas development activities in Uzbekistan, particularly a 12-well drilling programme set to begin in 2026.

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