BUZZ — Australia's Condor Energy gains on crossing key milestone in Peru project

* Shares of Condor Energy rise as much as 16.7% to A$0.02, their highest since September 25 * Energy co receives formal qualification from Peru’s state-owned agency Perupetro S.A., which negotiates and administers oil and gas contracts * The qualification completes a key step towards securing a full exploration and exploitation licence in Peru, co adds * Qualification is with respect to licence contract for the exploration and exploitation of hydrocarbons in offshore Block Z-72 in Tumbes Basin, Peru * About 5.1 million shares change hands, 4 times the 30-day avg * Stock is down 5% YTD (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com;)