• 1Q26 production averaged 689 bbl/d, in line with prior indications. Volumes are expected to be above 700 bbl/d for the remainder of the year, supported by straightforward workovers using the existing rig. This is - consistent with our forecasts.
• First gas is now expected in mid‑3Q26, a modest shift from our previous early‑July assumption. The adjustment reflects the decision to engage a higher‑quality contractor with deeper Indonesian pipeline‑construction experience. All regulatory and com ....
28 May 2026
Criterium Energy Ltd (TSX-V: CEQ): First gas mid 3Q26. High realizations. Bulu licence extended to 2028
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Criterium Energy Ltd (TSX-V: CEQ): First gas mid 3Q26. High realizations. Bulu licence extended to 2028
• 1Q26 production averaged 689 bbl/d, in line with prior indications. Volumes are expected to be above 700 bbl/d for the remainder of the year, supported by straightforward workovers using the existing rig. This is - consistent with our forecasts.
• First gas is now expected in mid‑3Q26, a modest shift from our previous early‑July assumption. The adjustment reflects the decision to engage a higher‑quality contractor with deeper Indonesian pipeline‑construction experience. All regulatory and com ....