Criterium Energy delivers cash flow growth and near-term production upside

CEQ

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.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Criterium Energy targets October start-up at SE-MGH

Criterium Energy is targeting first gas from SE-MGH in October as its Indonesian pipeline approaches completion.

Criterium Energy targets October first gas as SE-MGH development nears completion

Criterium Energy expects first gas from its Southeast Mengoepeh development in October, with pipeline construction nearing completion and environmental approval secured for the 25 km gas pipeline connecting the project to the Teluk Rendah Gas Plant. Pasted markdown

Oil prices rise as Hormuz supply risks keep markets tight

Oil prices are trading above $100 a barrel as uncertainty over the Strait of Hormuz keeps supply risks elevated, despite improving exports through alternative Gulf routes.

Oil prices rebound as Saudi supply improves and US-Iran talks continue

Oil prices rebound as Saudi Arabia works to restore export capacity and the US and Iran consider renewed talks, putting supply and geopolitical risk back at the centre of the market.

Natural gas gains support from lower output and stronger demand signals

Natural gas is gaining support from lower daily output, persistent warm weather and stronger LNG export demand as the market moves towards the winter season.

Criterium Energy signs facility sharing agreement for Indonesia gas development

Criterium Energy has secured access to the Teluk Rendah Gas Plant and a 60-kilometer sales pipeline under a facility sharing agreement with Jindi, advancing commercial preparations for first gas from its SE-MGH development.

Search