Criterium Energy Ltd V.CEQ

Energy Oil & Gas E&P

Criterium Energy Ltd. is a Canada-based upstream energy company. The Company is focused on the acquisition and sustainable development of assets in southeast (SE) Asia that are capable of scalable growth and cash generation. The Company, through Mont D’Or Petroleum Limited, holds interests in Tungkal PSC and West Salawati PSC. Tungkal PSC covers an area of about 2,285 square kilometers and contains the Mengoepeh and Pematang Lantih oil fields that collectively produce about 1,030 bbl/d and contain 4.6 MMbbl 2P reserves. The West Salawati PSC is located onshore Salawati Island covers an area of about 970 square kilometers and contains the Balladewa-A (BLL-A) oil field, which produces approximately 20 bbl/d1 from one well. Its portfolio also comprised of a 42.5% non-operated interest in Bulu PSC.

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Criterium Energy Ltd > Finally!!

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Comment by RockLobster1on Jul 02, 2023 10:04am

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RE:RE:RE:Finally!!

They need to raise money I guess, and now that the price has dropped from over 50 to 20, which is where the IPO was, I don't know where this leads them.

Was hoping the merits of the deal would raise the price and finance at a good price. Like vle and tnz. Anyways long term it should work out well, good time to add more I think.

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