Criterium Energy (TSE:CEQ) has released an update.
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Criterium Energy Ltd. reported its Q1 2024 financial and operational performance, highlighting an oil production of 802 barrels per day, sales of 73,131 barrels at an average price of $82 each, and operating costs of $2.8 million. The company has also made strategic moves by signing an agreement to sell its interest in the Bulu PSC for $7.75 million and entering a gas offtake agreement, while reiterating its 2024 financial guidance. Investors were engaged through a corporate presentation at the Lytham Partners Spring Conference and can follow the company’s progress on its website and social media platforms.
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