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Pipeline contractor completing final construction activities, commissioning anticipated in early OctoberEnvironmental approval (UKL/UPL) received for SE-MGH development and associated gas pipelineCommenced environmental approval process for Cerah, Macan Gedang, and BerkasCalgary, Alberta--(Newsfile Corp. - September 29, 2026) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused on energizing growth for...
FSA signed, granting access to the 30 mmcf/d TRGP and 60 km pipeline to Sekernan gas sales pointCombined with Gas Sales Agreement, key commercial agreements are now in place for first gas from SE-MGH.Calgary, Alberta--(Newsfile Corp. - September 9, 2026) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused on energizing growth for Southeast Asia, today announced that it has entered into a definitive Facility
Signed Gas Sales Agreement with PGN secures offtake for Tungkal PSC gas production at fixed long-term pricing, supporting SE-MGH production and further development.SE-MGH gas development ongoing with project now approximately 85% complete; targeting first gas in September 2026Positive cash flow from operations of C$1.5 million in Q2 2026, contributes to increased cash position of C$2.4 million, supporting improved liquidity prior to first gasCalgary, Alberta--(Newsfile Corp. - August 31, 2026) -
SE-MGH gas development ongoing with project now approximately 70% complete; first gas on track for Q3 2026Gas Allocation Letter received, paving way for Gas Sales and Facility Sharing Agreements ahead of anticipated first gasQ2 oil lifting realized US$106/bbl, a premium to Brent and Indonesian Crude Price benchmarksCommenced the Lemat pilot program to unlock the formation underlying the TAF reservoir in the Tungkal PSCCalgary, Alberta--(Newsfile Corp. - July 29, 2026) - Criterium Energy Ltd....
Calgary, Alberta--(Newsfile Corp. - June 17, 2026) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused on energizing growth for Southeast Asia today announced the results of its Annual General Meeting of Shareholders, which took place on June 16, 2026. These results and the Management Presentation provided are also available on the Company's website: Criterium Energy."On behalf of the Board of Directors and
SE-MGH pipeline construction ongoingPipeline contract reassigned to PT Olindo, mitigating construction risk and supporting project executionApril oil lifting realized US$121/bbl, a premium to Dated Brent and Indonesian Crude Price benchmarksExtension granted for commercial production at Bulu to September 2028Calgary, Alberta--(Newsfile Corp. - May 28, 2026) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company...
Criterium Energy CEO Matthew Klukas joined Steve Darling from Proactive to discuss the company’s strategy to expand oil and gas production in Indonesia through low-cost, infrastructure-led development projects. Klukas explained that Criterium Energy is focused on upstream opportunities across Southeast Asia and currently holds interests in three production sharing contracts (PSCs) in Indonesia. He pointed to strong domestic energy demand, supportive government policies, and Indonesia’s goal of significantly increasing oil and gas production by 2030 as key industry tailwinds. The company’s prim
Calgary, Alberta--(Newsfile Corp. - April 30, 2026) - Criterium Energy Ltd. ("Criterium" or the "Company") (TSXV: CEQ), an independent upstream energy development and production company focused on energizing growth for Southeast Asia, today announced that it has appointed Mr. Ben Arnott to Criterium's Board of Directors and provided information related to the Company's upcoming Annual General Meeting. Appointment of Mr. Ben Arnott as Non-Independent Director and Strategic AdvisorCriterium is...
Focused capital deployment in 2025 of US$1.9 million resulted in reserve additions of 24 bcf1, at a cost of US$0.45/2P boe.Maintained production while increasing cash flow from operations; 2025 cash flow from operations of US$3.5 million.SE-MGH pipeline construction commenced in Q1 2026 supporting expected near-term production addition of 5-8 mmcf/d1.March 2026 oil liftings realized US$105/bbl, representing a premium to Brent benchmark pricing.Calgary, Alberta--(Newsfile Corp. - April 28, 2026).
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