Bullboard - Stock Discussion Forum 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... see more

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TSXV:CEQ - Post Discussion

Criterium Energy Ltd > Very positive

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Post by Theonewhostocks on Aug 29, 2024 2:52pm

Very positive

2nd quarter report. Everything is looking up here as this company continues to expand its operations. Looking forward to a 3rd quarter that opens a few eyes. I'll be strengthening my position here in the coming weeks.

Glta

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Comment by Penniestoriches on Aug 29, 2024 5:28pm

Some quick numbers from today's release and the presentations: Opex average Q1 = $43/bbl USD, Q2 = $40/bbl, year end expected <$30/bbl. Netback average $19/bbl USD in @Q2, year end expected >$30/bbl. August average production at 860 bbl/day, 2 upcoming workovers (+20-30 each), pumps being repaired early Sept for +100 bbl/day, so ~1000 bbl/day by mid Sept. The presentations show either ...more

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Criterium Energy Ltd