Criterium Energy Ltd. (CEQ)

Overview

Criterium Energy Ltd., initially established as Softrock Minerals Ltd., underwent a name change in September 2022, symbolizing a new chapter in its operational journey. This company, with roots dating back to 1994 and headquartered in Calgary, Canada, specializes in the exploration and development of oil and gas. Focused geographically in Indonesia and Canada, its efforts are concentrated on leveraging the natural resources found within these regions. Criterium Energy Ltd. boasts a significant flagship project, the Tungkal PSC property, which is exclusively owned by the company. This property spreads over an extensive area of 2,285 square kilometers and is strategically situated in the onshore region of South Sumatra, Indonesia. The company’s strategic focus and areas of operation highlight its commitment to becoming a key player in the oil and gas industry.

Products and Services

• Exploration and Development in Oil and Gas - Criterium Energy Ltd. is primarily involved in the exploration and development of oil and gas resources. This involves a series of activities including geological surveying, drilling, and the use of advanced technology to locate and extract oil and gas reserves. Their operations span across both Indonesia and Canada, providing a diverse geographical reach for their exploration efforts.
• Tungkal PSC Property - The company's flagship project, the Tungkal PSC property, represents a significant aspect of their service offerings. As a 100% owned asset, it covers an area of 2,285 square kilometers and is located in the onshore South Sumatra. This project encapsulates Criterium Energy Ltd.'s expertise in managing large-scale oil and gas exploration and development projects, demonstrating its capability to oversee significant properties from the initial exploration phase through to development and production.