In this follow-up conversation, Matthew Klukas turns the focus to Criterium Energy’s (TSX:CEQ) oil portfolio, outlining how existing cash flow, low-cost workovers and secondary recovery plans could create a broader value opportunity in Indonesia.
The interview builds on the earlier discussion around the company’s gas-led transformation, adding detail on waterflood potential, deeper formation upside and the added flexibility that stronger oil prices are providing across the portfolio.
Key Moments
00:19 – Oil value in focus
00:42 – Cash flow engine to date
01:10 – Water flood upside
02:04 – 2026 to 2027 timeline
02:10 – LAMAT adds more potential
03:16 – Infrastructure keeps costs low
03:23 – West Salawati upside
04:01 – Macro backdrop shifts
04:58 – More portfolio optionality
What the company does
Criterium Energy is an oil and gas company focused on producing and developing assets in Indonesia. Its portfolio includes producing oil fields, near-term gas developments, and a range of longer-dated exploration and development opportunities.
