Criterium Energy Ltd.

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Criterium Energy Announces 2024 Guidance, Commences Oil Development Activities, Signs Strategic Gas Offtake and Provides Operational Updates
Calgary, Alberta--(Newsfile Corp. - April 2, 2024) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), is pleased to provide full year 2024 guidance which is focused primarily on the continued development of assets recently acquired through the Mont D'Or Petroleum Limited ("MOPL") transaction (the "Acquisition"), along with an update on current operations. With the completion of the MOPL acquisition, Criterium has established an immediate cash flow foundation from existing oil fields and acquired two large blocks...
2024-04-02 8:00 AM EDT
Criterium Energy Announces Closing of Mont D'Or Acquisition
Calgary, Alberta--(Newsfile Corp. - January 4, 2024) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), is pleased to announce that it has closed the previously announced acquisition of all issued and outstanding shares of Mont D'Or Petroleum Limited ("MOPL") (the "Acquisition"). For further information on the Acquisition, please see our news release dated December 18, 2023.Related to the Acquisition, the Company advanced the following consideration in connection with the closing of the Acquisition,(1) a US$1...
2024-01-04 8:06 AM EST
Criterium Energy Announces Transaction Updates in Connection with the Acquisition of Mont D'Or Petroleum Ltd.
Calgary, Alberta--(Newsfile Corp. - December 18, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce the Company has entered into an amended Sale and Purchase Agreement ("SPA") dated December 18, 2023 in connection with the previously announced acquisition of all the issued and outstanding shares of Mont D'Or Petroleum Limited ("MOPL") (the "Acquisition"). Positive Updates to Revised Mont D'Or TransactionImproved transaction terms: Completion...
2023-12-18 7:59 AM EST
Criterium Energy Announces Agreement to Sell Its Interest in the Bulu PSC for C$10.5 Million
Calgary, Alberta--(Newsfile Corp. - December 14, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce the Company has signed a Letter Of Intent ("LOI") for the arm's length sale of its wholly owned subsidiary which holds a 42.5% non-operated working interest in the Bulu PSC (the "Transaction"). Upon signing of Definitive Agreement ("Definitive Agreement"), the Company will issue a press release outlining the type...
2023-12-14 8:45 AM EST
Criterium Energy Announces Closing of Equity Public Offering In Connection with its Transformative Acquisition of Mont D'Or Petroleum Ltd.
Calgary, Alberta--(Newsfile Corp. - November 7, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce the closing of its previously announced upsized, underwritten public offering (the "Public Offering") of equity subscription receipts of the Company (the "Equity Subscription Receipts") for gross proceeds of approximately C$6.7 million. The Public Offering is being conducted alongside a Convertible Loan (as defined herein) for aggregate gross proceeds of...
2023-11-07 10:28 AM EST
Criterium Energy Announces Filing of Final Prospectus In Connection with Upsized C$18.9 Million Financing for its Transformative Acquisition of Mont D'Or Petroleum Ltd.
Calgary, Alberta--(Newsfile Corp. - October 20, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that it has filed and received a receipt for its final short form prospectus (the "Prospectus") filed in each of the provinces of Canada, except for Québec, in respect of its previously announced underwritten offering (the "Public Offering") of equity subscription receipts of the Company (the "Equity...
2023-10-20 11:26 PM EDT
Criterium Energy Announces Upsized C$18.9 Million Financing in Connection with Transformative Acquisition of Mont D'Or Petroleum Ltd., Led by a Strategic Investor
Calgary, Alberta--(Newsfile Corp. - October 4, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that, due to strong investor demand, it is increasing the size of its financing for aggregate gross proceeds of approximately C$18.9 million, led by Research Capital Corporation, in connection with the acquisition ("Acquisition") of all the issued and outstanding shares of Mont D'Or Petroleum Limited ("MOPL") pursuant to a...
2023-10-04 9:47 PM EDT
Criterium Energy Announces Restructured Transformative Acquisition of Mont D'Or Petroleum Ltd. and C$15.3 Million Financing, Led by a Strategic Investor
Calgary, Alberta--(Newsfile Corp. - September 22, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce the restructuring of the acquisition of all the issued and outstanding shares of Mont D'Or Petroleum Limited ("MOPL") and proposed amendment to the sale and purchase agreement ("SPA"). Concurrently, the Company is also pleased to announce a C$15.3 million financing (the "Financing") led by Research Capital Corporation....
2023-09-22 5:02 PM EDT
Criterium Energy Announces Termination of the Marketed Public Offering and Resulting Impact on the Previously Announced Mont D'Or Petroleum Limited Acquisition
Calgary, Alberta--(Newsfile Corp. - August 30, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, announces the termination of the previously announced marketed public offering (the "Offering")'.After extensive deliberation and in response to current market dynamics, Criterium has decided to terminate the previously announced Offering. The Offering and the related acquisition (the "Acquisition") of Mont D'Or Petroleum Limited ("MOPL") were originally announced on June 15, 2023,...
2023-08-30 5:15 PM EDT
Criterium Energy Provides Update on Mont D'Or Acquisition
Calgary, Alberta--(Newsfile Corp. - August 10, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to provide the following update on its previously announced marketed public offering and executed sale and purchase agreement to acquire all the issued and outstanding shares of Mont D'Or Petroleum Limited ("MOPL") (the "Acquisition").The Company has been working with the TSX Venture Exchange to receive approval for the transaction as it...
2023-08-10 9:15 AM EDT

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