Criterium Energy is targeting first gas from its Southeast Mengoepeh (SE-MGH) project in Indonesia in October, with pipeline construction nearing completion.
The company is completing the 25-kilometre pipeline connecting the SEM-01 well to the Teluk Rendah Gas Plant. Final construction work is under way, with commissioning expected to begin in early October.
SE-MGH is expected to deliver initial gas production of between 5 million and 8 million cubic feet per day. The project is supported by a long-term Gas Sales Agreement with PT Perusahaan Gas Negara, providing contracted demand for the gas produced from the Tungkal PSC.
Criterium expects the first gas sales invoice to be issued in early November once deliveries begin. This would mark the transition of SE-MGH from development into production and provide the company with a new contracted revenue stream.
The company has also received environmental approval covering the SE-MGH development and pipeline, clearing another requirement ahead of production.
Criterium is preparing further development work across its Indonesian portfolio. Testing and site preparation are progressing at North Mengoepeh, where the company expects additional production during the first half of 2027. Further gas opportunities are also being advanced at Cerah and Macan Gedang.
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.
