• The SEM-01 well at South East MGH flowed 7–8 mmcf/d on test on 40/54” and 48/64” choke sizes. Further choke expansion was constrained by surface facility limitations. This follows the MGH-20 well at North MGH, which flowed at 2.8 mmcf/d on test.
• The successful re-entry of SEM-01 de-risks the entire project and confirms the phased development across both fields, with initial production of 5–7 mmcf/d expected in 1Q26, rising to 7–10 mmcf/d in 2Q26. Criterium is projected to generate positive f ....

27 Aug 2025
Criterium Energy Ltd (TSX-V: CEQ): Flow rate of up to 8 mmcf/d at South East MGH. Reducing FY25 capex guidance

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Criterium Energy Ltd (TSX-V: CEQ): Flow rate of up to 8 mmcf/d at South East MGH. Reducing FY25 capex guidance
• The SEM-01 well at South East MGH flowed 7–8 mmcf/d on test on 40/54” and 48/64” choke sizes. Further choke expansion was constrained by surface facility limitations. This follows the MGH-20 well at North MGH, which flowed at 2.8 mmcf/d on test.
• The successful re-entry of SEM-01 de-risks the entire project and confirms the phased development across both fields, with initial production of 5–7 mmcf/d expected in 1Q26, rising to 7–10 mmcf/d in 2Q26. Criterium is projected to generate positive f ....