Criterium Energy Ltd. (TSXV:CEQ), an independent upstream energy development and production company focused on energizing growth for Southeast Asia, has announced financial results for the fourth quarter and year ended December 31, 2025 and provided an update on recent production and development activities in the Company’s Indonesian portfolio.
- Focused capital deployment in 2025 of US$1.9 million resulted in reserve additions of 24 bcf1, at a cost of
US$0.45/2P boe. - Maintained production while increasing cash flow from operations; 2025 cash flow from operations of
US$3.5 million. - SE-MGH pipeline construction commenced in Q1 2026 supporting expected near-term production addition
of 5-8 mmcf/d1. - March 2026 oil liftings realized US$105/bbl, representing a premium to Brent benchmark pricing
“2025 was defined by capital discipline and focused execution to diversify our reserves and production base,” said
Matthew Klukas, President and CEO of Criterium. “We are positioning the Company to deliver a combination of
stable cash flow from contracted natural gas and premium-priced oil production. With first gas from SE-MGH
approaching, we expect a meaningful step-change in production and a more balanced and resilient business
profile.”
“Indonesia’s growing domestic energy demand is increasingly reinforcing the importance of continued investment
in the sector. As the country seeks to secure a reliable, long-term energy supply, companies with existing
production, development-ready assets, and local operating experience are well positioned to support this growth.
Criterium is firmly aligned with these priorities and well positioned to play a meaningful role in meeting
Indonesia’s evolving energy needs while delivering value for shareholders.”
