Matribhumi Samachar English
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 a delay in filing its audited consolidated annual financial statements for the year ended December 31, 2024 (the …
Read More »Criterium Energy Announces 160% Reserve Replacement Ratio and Increased Gas Resource at Year-End 2024
1.4 MMbbl proved (1P), 4.6 MMbbl proved plus probable (2P), and 10.0 proved plus probable plus possible (3P) Reserves1 2P reserves replacement ratio of 160% since assets acquired in January 20242 2P reserve NPV10 before tax of US$72.8 million and US$60 million after tax1, equating to C$0.62 per common share3 …
Read More »Criterium Energy Outlines 2025 Capital Plans Including Fully Funded Tungkal Gas Development Project and Active Oil Workover Campaign
Fully funded SE-MGH gas development expected to add ~1,000 boe/d in production where historical long-term take-or-pay contracts have ranged between $4-7/MMbtu 2025 oil production of 1,000 – 1,200 bbl/d, supported by 8-12 workovers with a focus on increasing margins through further operating cost reductions Reduced amortization payments US$2MM, resulting in …
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