Condor Energies Achieves Record Horizontal Drilling Depth in Uzbekistan and Sells Turkish Assets

Tashkent, Uzbekistan (UzDaily.com) — Canadian company Condor Energies Inc., specializing in energy transition projects in Central Asia, has provided an update on its operations in Uzbekistan and Türkiye.

In Uzbekistan, the second phase of the multi-stage drilling campaign at the Andakli field marked a record depth for horizontal drilling in the country. The Andakli 21 (A 21) well reached a total depth of 3,456 meters, including 1,279 meters of horizontal section — a national record.

The horizontal segment was designed to intersect over 960 meters of carbonate reservoir with visible porosity exceeding 6%, while a 223-meter section of the horizontal well exhibited porosity up to 12%. Significant gas shows were recorded in the drilling mud, ranging from 20 to 31%.

Acid stimulation of the A 21 horizontal section is planned shortly to remove drilling mud and increase productivity, similar to the vertical pilot well A 23, where production rose eight- to tenfold after stimulation. Following testing, the A 21 well is scheduled to enter production in the second half of February 2026.

Meanwhile, drilling continues on the third well, K 45, in a less-developed part of the Kumli gas field. The vertical well, with a planned depth of 2,400 meters, will include coring for reservoir analysis and calibration. Testing is planned after logging and casing completion in February 2026. Construction of a second drilling pad, designed to host an additional vertical well and up to six horizontal wells, is scheduled to begin in the first quarter of 2026.

In Türkiye, Condor Energies signed an agreement on January 21, 2026, to sell its subsidiary holding licenses for the Poyraz Ridge and Destan fields, along with associated gas assets. The deal includes a nominal payment of €18,000 and a ten-year gross royalty ranging from 0 to 15% depending on average daily production, capped at a total of US$10 million. The buyer is required to complete a minimum scope of work, including major maintenance and drilling of one new well, and to cover operating costs starting 60 days after signing. The transaction is expected to close within ten business days following Turkish government approvals.

Condor President and CEO Don Strieu emphasized: “Our drilling and well completion program unlocks near-term production growth opportunities. We are pleased with the reservoir quality and strong gas shows encountered in A 21 and look forward to completing the testing program next month.

The sale of our Turkish assets confirms our strategy to focus on Central Asia and strengthen our energy security portfolio.”