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Criterium Energy Ltd V.CEQ

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.


TSXV:CEQ - Post by User

Comment by Penniestoricheson Feb 28, 2024 9:17pm
99 Views
Post# 35905387

RE:RE:RE:RE:Halted?

RE:RE:RE:RE:Halted? I feel that due to the long time it took to close Mont D'Or and now the Bulu deal hanging out there in limbo, many potential investors are impatient and skeptical of their ability to execute the business plan efficiently in the short term.  That being said, as soon as they can start announcing some clear progress and building value in the near term, the interest should grow very quickly!  
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