Condor receives bank guarantees for Kazakhstan sale
12.07.2013
Condor Petroleum Inc. (TSX: T.CPI) announced that it has received irrevocable bank guarantees totaling US$83 million for the sale of the company's interest in the Marsel Territory in Kazakhstan. The total sale price is US $88 million.
The company currently holds a 66% interest in Marsel Petroleum LLP which has the...