Yahoo · Aug 31, 2026
Criterium Energy Signs Binding Long-Term Gas Sales Agreement, Advances SE-MGH Development and Releases Q2 Financial Results
Signed Gas Sales Agreement with PGN secures offtake for Tungkal PSC gas production at fixed long-term pricing, supporting SE-MGH production and further development.SE-MGH gas development ongoing with project now approximately 85% complete; targeting first gas in September 2026Positive cash flow from operations of C$1.5 million in Q2 2026, contributes to increased cash position of C$2.4 million, supporting improved liquidity prior to first gasCalgary, Alberta--(Newsfile Corp. - August 31, 2026) -
