Record high 1P reserves of 2.2 MMboe, 2P reserves of 7.7 MMboe, and 3P reserves of 16.5 MMboe1.Upgraded SE-MGH and added N-MGH to reserves at an efficient US$0.1/2P mcf (US$0.4/2P boe)2. 2P Reserve NPV10...
Transformational 2025 results highlighted by successful production tests at SE-MGH (8 mmcf/d2) and N-MGH (2.5 mmcf/d3)SE-MGH total project capex reduced to US$2.0 million net to Criterium. First gas, anticipated...
SE-MGH gas development on track, total project cost reduced to US$2 - $3 million with US$1.7 million spent to date.PT Dredolf Indonesia to construct pipeline, commencing in early 2026. First gas from SE-MGH...
Successful extended well test of SEM-01 with rates of 7-8 mmcf/d1Project on schedule and budget with total project costs reduced to US$2.5-$4 million - first gas remains on track for Q1 2026Over 10 mmcf/d...
Successful initial flow test on the MGH-20 well in North Mengoepeh with an initial rate of 2.5 MMcf/d1Re-entry operations at the SEM-1 well in SE-MGH are ongoing in preparation for extended well test in...
Calgary, Alberta--(Newsfile Corp. - June 18, 2025) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused on energizing...
Averaged 988 bbl/d3 in the first quarter of 2025, up from 822 bbl/d3 in the same quarter of the prior year. Realized cash flow from operations of C$0.25 million, swinging from negative cash flow in the...
Continued quarter over quarter increases in cash flow from operations in 2024; Q4 2024 operating cash flow of US$1.7 million1, equivalent to C$0.07/share2 on an annualized basis. Reduced debt principal...
Calgary, Alberta--(Newsfile Corp. - May 2, 2025) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), confirms that, further to its press release dated April 30, 2025 the Company has experienced...
Calgary, Alberta--(Newsfile Corp. - April 30, 2025) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company") announces that as a result of delays in the completion of its audit, the Company anticipates...