Condor Energy Ltd. engages in exploration and development of oil and gas assets. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-05-25. The firm is focused on progressing the 4,858 square kilometers Technical Evaluation Agreement (TEA or block) area offshore Peru in the highly prospective Tumbes Basin. Its block comprises over 3,800 square kilometers of existing 3D seismic data from which an aggregate of 1,000 square kilometers has been selected to undergo pre-stack depth migration (PSDM) reprocessing and interpretation across three discrete highly prospective areas. The prospective areas include the Raya and Bonito prospects and the Piedra Redonda gas field. The Raya and Bonito prospects are large features in the Zorritos Formation. The company has interests in tenements, including EP 127, WA-519-P, EP 499, STP-EPA 162 (application), STP-EPA 163 (application), STP-EPA 166 (application), and STP-EPA 167 (application). EP 127 is prospective for oil and gas, helium and hydrogen.
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