Condor Energies (CDR) Corporate presentation summary

Financial and operational highlights

• Achieved 17,700 boepd average production in August 2026, up 60% year-to-date, with Q2 2026 YTD revenue of $50 million, a 20% increase from 2025.

• Market capitalization stands at $355 million, with 86.4 million shares outstanding at $4.11 per share.

• Operating 8 gas fields in Uzbekistan with 75 wells and licenses valid until 2044; multi-well horizontal drilling and field compression underway.

• Building Central Asia's first LNG facility in Kazakhstan, targeting 200,000 L/day output by Q4 2026 and first LNG sales in Q1 2027.

• Holds two critical mineral licenses in Kazakhstan, covering over 40,300 hectares with copper, lithium, manganese, and cesium identified.

Strategic initiatives and growth plans

• Strategy focuses on leveraging gas production to fund LNG and critical minerals projects across Central Asia.

• Plans to drill 12 new wells in 2026 and install field compression at Kumli, adding 30 MMscf/day capacity by Q1 2027.

• LNG project aims to displace diesel, reduce GHG emissions by 30%, and supply cleaner fuel for transport and industry.

• Advancing critical mineral opportunities through aeromagnetic surveys and monitoring adjacent copper exploration.

• Each initiative is designed to fund and de-risk subsequent projects, creating a cycle of reinvestment and growth.

Regional advantages and partnerships

• Central Asia offers stable operations, significant resource potential, and $430 billion in FDI in Kazakhstan alone.

• Multiple super majors, including ExxonMobil, Rio Tinto, and Shell, are active in the region.

• The Trans-Caspian TITR corridor provides strategic access between Europe and China, bypassing Russia and the Middle East.

• Western technologies are applied in drilling, LNG production, and mineral extraction.