South East Asian focused growth story
Criterium is a new Toronto listed ~US$10 mm market cap company focusing on South East Asia. In very short order, Criterium raised >C$5 mm of new equity in 2H22 and subsequently acquired 42.5% WI in the Bulu PSC (308-420 bcf field offshore Java) for ~US$1.6 mm. With many sellers looking to reduce their exposure to hydrocarbons, a management team with extensive experience in the region and limited competition, Criterium is poised to rapidly assemble a producti ....
06 Mar 2023
Criterium Energy Ltd (TSX-V: CEQ): Initiating Coverage
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Criterium Energy Ltd (TSX-V: CEQ): Initiating Coverage
South East Asian focused growth story
Criterium is a new Toronto listed ~US$10 mm market cap company focusing on South East Asia. In very short order, Criterium raised >C$5 mm of new equity in 2H22 and subsequently acquired 42.5% WI in the Bulu PSC (308-420 bcf field offshore Java) for ~US$1.6 mm. With many sellers looking to reduce their exposure to hydrocarbons, a management team with extensive experience in the region and limited competition, Criterium is poised to rapidly assemble a producti ....