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Criterium Energy ( (TSE:CEQ) ) has provided an update.
Criterium Energy has announced a successful re-entry and extended production test at the SEM-01 well, marking a significant milestone in its gas development program. The company achieved positive cash flow in Q2 2025 despite reduced oil prices and is on track to commence first gas production from the SE-MGH field by Q1 2026, which is expected to transform its financial position and support further resource development.
More about Criterium Energy
Criterium Energy Ltd. is an independent upstream energy development and production company focused on growth in Southeast Asia. The company is involved in the development and production of oil and gas resources, with a market focus on energizing growth in the region.
Average Trading Volume: 84,058
Technical Sentiment Signal: Buy
Current Market Cap: C$12.96M
For a thorough assessment of CEQ stock, go to TipRanks’ Stock Analysis page.