Criterium Energy Ltd. (TSXV:CEQ), an independent upstream energy development and production company focused on energizing growth for Southeast Asia today announced the results of its third-party, independent reserves and resources assessment at year-end 2025.
- Record high 1P reserves of 2.2 MMboe, 2P reserves of 7.7 MMboe, and 3P reserves of 16.5 MMboe1.
- Upgraded SE-MGH and added N-MGH to reserves at an efficient US$0.1/2P mcf (US$0.4/2P boe)2.
- 2P Reserve NPV10 of US$50 million, equivalent to C$0.50 per common share3 and calculated on Brent price
deck averaging US$67/bbl from 2026 – 2030. - SE-MGH upgraded to reserves along with 40% increase in base case recoverable volumes to 21 bcf (SE-MGH
and N-MGH combine for 24 bcf 2P1). - Robust pipeline of resource development driven by MGH waterflood and Lemat plays, increasing contingent
oil resources by 13 MMbbl (2C)1, resulting in record high 2C contingent resource of 40 MMboe1,8.
Criterium Energy Ltd (TSXV:CEQ) is Canadian-based upstream energy company focused on the aggregation and sustainable development of assets in Southeast Asia that can deliver scalable growth and cash flow generation.
