공시 • 1h
Condor Energy Limited Announces Appointment of Julian Fowles as Non-Executive Director, Effective July 1, 2026 Condor Energy Ltd. announced the appointment of Dr Julian Fowles as a Non-Executive Director of the Company, effective 1 July 2026. Dr Fowles brings more than 35 years of international oil and gas experience, including senior executive leadership roles spanning exploration, development and production, acquisitions, corporate strategy and financing. His extensive experience across South America and global energy markets will further strengthen Condor's Board as the Company advances its offshore Peru portfolio. Most recently, Dr Fowles served as Chief Executive Officer and Managing Director of Karoon Energy Limited from 2020 until 2025, where he led the Company's transformation into a diversified international oil and gas producer with operations in Brazil and the United States. During his tenure, Karoon successfully executed major development projects, strategic acquisitions and capital management initiatives while growing production and reserves. Prior to Karoon, Dr Fowles held a range of senior technical, commercial and leadership positions with Shell International, Cairn Energy, Petra Energia S.A. and Oil Search, including significant experience in South America. His career has involved the evaluation, development and commercialisation of major oil and gas projects, both offshore and onshore, across multiple international jurisdictions. New Risk • May 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$12.7m market cap, or US$9.19m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • May 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$11.8m market cap, or US$8.55m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). 공시 • May 05
Condor Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 2.25 million. Condor Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 2.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 132,352,941
Price\Range: AUD 0.017
Discount Per Security: AUD 0.00102
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Mar 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.3m (US$9.82m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$14.3m market cap, or US$9.82m). New Risk • Mar 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Revenue is less than US$1m (AU$21k revenue, or US$15k). Minor Risk Market cap is less than US$100m (AU$16.5m market cap, or US$11.7m). 
