CALGARY, ALBERTA--(Marketwired - Oct 26, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to provide an operations update for the Company's 100% owned Zharkamys West 1 Territory in Kazakhstan. The KN-501 Primary Basin well was drilled to 3,992 meters and has been abandoned. After accruing for the total estimated well costs of CA$7.7 million, the Company has estimated working capital of CA$46 [...]
CALGARY, ALBERTA--(Marketwired - Oct 8, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) has reached a total depth of 3,992 meters on the KN-501 Primary Basin well located on the Company's 100% owned Zharkamys West 1 Territory in Kazakhstan. Numerous gas shows were encountered while drilling the main hole section from 3,530 meters to TD, although no commercial hydrocarbon reservoirs were identified. The [...]
CALGARY, ALBERTA--(Marketwired - Sep 17, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to provide a drilling update on the KN-501 Primary Basin well located on the Company's 100% owned Zharkamys West 1 Territory in Kazakhstan. The KN-501 well has reached the planned 9-5/8" intermediate casing point at 3530 meters after successfully drilling a 2800 meter salt section. Intermediate casing [...]
CALGARY, ALBERTA--(Marketwired - Aug 12, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three and six months ended June 30, 2015, together with the related Management's Discussion and Analysis. These documents will be made available under Condor's profile on SEDAR at www.sedar.com and on the Condor [...]
CALGARY, ALBERTA--(Marketwired - Jul 16, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to announce that drilling operations have commenced on the KN-501 Primary Basin well on the Company's 100% owned Zharkamys West 1 Territory in Kazakhstan. The KN-501 Primary Basin well is targeting 67 mmboe unrisked mean prospective resources (internal Company estimate - see Reserve and Resource [...]
Condor Petroleum Inc. is pleased to announce that the following eight director nominees were elected at the annual meeting of shareholders held on June 11, 2015: Name of Nominee Votes For Percent Votes Withheld Percent Sean Roosen 182,221,149 100.00% 4,000 0.00% Donald Streu 182,221,149 100.00% 4,000 0.00% Dennis Balderston 182,221,149 100.00% 4,000 0.00% Edward Bogl...
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three months ended March 31, 2015, together with the related Management's Discussion and Analysis. These documents will be made available under Condor's profile on SEDAR at www.sedar.com and on the Condor website [...]
CALGARY, ALBERTA--(Marketwired - Apr 27, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to announce that the Government of Kazakhstan has approved an extension to the Zharkamys West 1 exploration contract for ten months until December 14, 2016. The Zharkamys exploration contract will be amended in due course. Drilling Update: A drilling contractor has been selected to drill the KN-501 [...]
CALGARY, ALBERTA--(Marketwired - Mar 18, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2014, together with the related Management's Discussion and Analysis. These documents will be made available under Condor's profile on SEDAR at www.sedar.com and on the Condor website at [...]
CALGARY, ALBERTA--(Marketwired - Mar 16, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to provide an update on operational activities on the Zharkamys West 1 Territory in Kazakhstan ("Zharkamys"). Shoba Trial Production: Production at Shoba has been temporarily suspended due to constraints in domestic refining capacity and low prices for crude oil and refined crude oil products [...]
CALGARY, ALBERTA--(Marketwired - Jan 21, 2015) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) announces Donald Wright has resigned from the Board of Directors to pursue other business interests. The Company would like to thank Mr. Wright for his significant contributions since joining the Board in April 2011. The Board is now comprised of eight Directors (previously nine) and certain committees of the Board [...]
CALGARY, ALBERTA--(Marketwired - Dec 18, 2014) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX:CPI) is pleased to provide an update on operational activities on the Zharkamys West 1 Territory in Kazakhstan ("Zharkamys"). Appraisal Well at Kiyaktysai encounters multiple reservoirs: The KN-E-205 Primary Basin appraisal well was drilled to a total depth of 1876 meters and encountered three sandstone reservoirs from [...]