Criterium Energy (CEQ CN)C; Target price of C$0.35 per share: On track for first gas in 1Q26 – 1Q25 production of 988 boe/d had been previously reported. Criterium held ~C$1.6 mm in cash at the end of 1Q25. The company has reduced its accounts payable by ~C$3.5 mm while inventory + amounts receivable were flat vs. YE24. Operations are expected to commence at North MGH in June. Four wells were shut-in in 2014 due to high GOR. Criterium is looking to re-open some of the wells in the area. No resou ....

06 Jun 2025
AUCTUS ON FRIDAY - 06/06/2025

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
AUCTUS ON FRIDAY - 06/06/2025
Gran Tierra Energy Inc. (GTE:ASE), 0 | Rockhopper Exploration plc (R4Y:FRA), 0 | Tullow Oil plc (TLW:LON), 16.7 | Kosmos Energy Ltd. (KOS:LON), 142 | TotalEnergies SE (TTE:PAR), 0 | Shell Plc (SHELL:AMS), 0 | Savannah Energy Plc (SAVE:LON), 6.3 | Criterium Energy Ltd (CEQ:TSX), 0
- Published:
06 Jun 2025 -
Author:
Stephane Foucaud -
Pages:
5 -
Criterium Energy (CEQ CN)C; Target price of C$0.35 per share: On track for first gas in 1Q26 – 1Q25 production of 988 boe/d had been previously reported. Criterium held ~C$1.6 mm in cash at the end of 1Q25. The company has reduced its accounts payable by ~C$3.5 mm while inventory + amounts receivable were flat vs. YE24. Operations are expected to commence at North MGH in June. Four wells were shut-in in 2014 due to high GOR. Criterium is looking to re-open some of the wells in the area. No resou ....