Condor Energies Inc. reports a 5.6% increase in average daily production to 10,534 boepd for Q4 2025. The First Well in Uzbekistan has a record-breaking 1007-meter lateral section but faces challenges in completion operations due to coil tubing limitations. Two new wells, the Second and Third Wells, are expected to commence drilling and testing activities soon.

The company’s multi-well drilling campaign aims to increase production rates and cash flows in 2026. The ongoing workover operations and pad-style horizontal development drilling program are expected to yield positive results. Condor is focused on minimizing its environmental impact while maximizing reserves, production, and cash flow growth.

Forward-looking statements indicate plans to source necessary equipment for ongoing projects and achieve production and cash flow growth targets. The company faces risks related to regulatory changes, market fluctuations, and geopolitical instability. Investors are cautioned to consider these factors when assessing the company’s performance and future prospects.

Read more at GlobeNewswire: Condor Provides an Operations Update for Uzbekistan