Condor Energy raises AU$2.25M for Peru oil and gas projects

The signal: Despite sharing its name with an AI-powered energy procurement software company tracked by Dealroom, this Condor Energy is a distinct Australian-listed exploration firm. Its AU$2.25 million raise underscores how small-cap resource companies continue to find willing backers for frontier oil and gas plays in Latin America, even as global capital increasingly flows toward energy transition ventures.

Read more: bairdmaritime.com