Condor Energies Inc - Company Profile

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Condor Energies Inc: Segment Analysis

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Business Description

Condor Energies Inc (Condor) is an independent upstream oil and gas company. It explores, produces, develops, and markets oil and gas. The company has exploration projects in Kazakhstan and Turkey. Apart from these projects, the company explores other strategic assets that would complement its existing operations. The company operates through two geographic segments: Kazakhstan and Turkey. It operates its business through two major products categories: Condensate sales and Natural gas sales. In Kazakhstan, the company operates through its subsidiary Falcon Oil & Gas Ltd. The company operates Ortakoy (Gallipoli) Peninsula NW Thrace Basin through its subsidiary Marsa Turkey BV. In FY2022, the company incurred a capital expenditure of CAD1.7 million which declined 60.4%


Product Categories

Overview

Involved in the production of condensate through licenses.

Performance

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Overview

Involved in the production of natural gas in Turkey and Kazakhstan.

Performance

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