November, 2012. Condor has structured a 50% partnership interest in a multi-billion dollar mining tenement in South America. The terms of the deal were undisclosed but the deal also provides an option on some 40 surrounding tenements in the area.
October, 2012. Condor and its partners World Energy Asset Management and Fidelity Ventures form consortium for offshore drilling blocks in the western Pacific. Development slated to begin in mid 2014 will add approximately 250 million barrels to the ledger of the consortium.
SANTA BARBARA, CA – JULY 28, 2012 Condor Acquisitions Inc www.condoracquisitions.com announced today that it has agreed with to acquire an estimated USD 1 Billion of mining and oil & gas assets located in Asia. The assets consist of 4 gold mines, 1 iron ore mine and a position in 6 oil & gas blocks. [...]
For its own account, Condor seeks to make accretive EBIDTA acquisitions and then to vend those assets into listed public companies. These listed public companies then become platforms for consolidations in each sector. The minimum EBIDTA target for each sector is USD$20 million. Condor does not seek or accept any outside investors.
Condor also works with a select number of acquisition and divestiture clients in achieving their objectives. As generalists, Condor principals have experience in Oil & Gas, Mining, Transportation, Bioenergy, Medical, Biotech, Nanotech and numerous other sectors. Principals also have over 1,000 closed transactions and developments in the Real Estate sector
We deal in both public and private venues and have experience in public markets in U.S., London, Toronto, Australia, Frankfurt, as well as several other small markets worldwide.
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