TSXV:CEQ - Post Discussion
Post by
Betteryear2 on Dec 14, 2023 2:28pm
Criterium Energy Announces Agreement to Sell Its Interest
Calgary, Alberta--(Newsfile Corp. - December 14, 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 the Company has signed a Letter Of Intent ("LOI") for the arm's length sale of its wholly owned subsidiary which holds a 42.5% non-operated working interest in the Bulu PSC (the "Transaction"). Upon signing of Definitive Agreement ("Definitive Agreement"), the Company will issue a press release outlining the type of transaction as per TSX Policy 5.2 and any required approvals. Criterium Energy Announces Agreement to Sell Its Interest in the Bulu PSC for C$10.5 Million (newsfilecorp.com)
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