September 22, 2023 - Calgary, Alberta - Criterium Energy Ltd. (“Criterium” or the “Company”) (TSXV: CEQ), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce the restructuring of the acquisition of all the issued and outstanding shares of Mont D’Or Petroleum Limited (“MOPL”) and proposed amendment to the sale and purchase agreement (“SPA”).
Calgary, Alberta--(Newsfile Corp. - June 15, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that it has executed a sale and purchase agreement ("SPA") on June 14, 2023 to acquire all the issued and outstanding shares of Mont D'Or Petroleum Limited ("MOPL") (the "Acquisition"). MOPL holds 100% operating working interests in two Production Sharing Contracts ("PSC") in Indonesia, the Tungkal PSC located onshore South Sumatra which produces 1,030 bbl/d and contains 2P Reserves of 4.6 MMbbl and the West Salawati PSC located in Southwest Papua that produces 20 bbl/d and contains 2P Reserves of 0.1 MMbbl1. Collectively, Tungkal and West Salawati have been independently valued at US$58 million NPV101 after tax.
Calgary, Alberta--(Newsfile Corp. - June 6, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Corporation"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce a five (5) to one (1) consolidation of Common Shares effective June 7, 2023
To view the original release
Calgary, Alberta--(Newsfile Corp. - March 31, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Corporation"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to provide an operational update on the activities of the Bulu PSC and Lengo Gas Development.
For the full news release, click here.
Calgary, Alberta--(Newsfile Corp. - March 27, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Corporation"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that NOTICE IS HEREBY GIVEN that the annual general and special meeting (the "Meeting") of the holders ("Shareholders") of common shares ("Common Shares") of Criterium will be held at 2:00 PM MST on May 24, 2023 at 3rd Floor Conference Centre, Manulife Place, 707-5th Street S.W., Calgary, Alberta, T2P 1V8. The Meeting will be available via webcast, with link to be provided in future. Criterium also wishes to provide an operations update for existing shareholders.
For the full news release, click here.
Calgary, Alberta, Criterium Energy Ltd. (“Criterium”) (TSXV: CEQ), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that an independent assessment of the Company’s Contingent Resources (the “Resource Report”) in the Lengo gas field located in the Bulu Production Sharing Contract (“PSC”) area in Indonesia has been completed by Netherland, Sewell & Associates, Inc. (“NSAI”).
CLICK HERE TO DOWNLOAD THE FULL PRESS RELEASE
Criterium Energy Ltd. (“Criterium”) (TSXV: CEQ) is delighted to announce the completion of the accretive acquisition of a 42.5% interest in the Bulu Production Sharing Contract (“Bulu PSC”) which contains the fully appraised Lengo gas field located offshore East Java Indonesia (the "Acquisition") for a total consideration of US$1.6 MM.