Be sure to check our sister interview main ratings news website

Criterium Energy: Bulu sale would double market cap of company says analyst (TSX-V: CEQ)

Criterium Energy (TSX-V: CEQ) Auctus Advisors analyst note:

On Track

  • The work-over programme has started with the first two work-overs having added a total of ~40 bbl/d. The third work-over was not completed as damaged equipment was encountered downhole.
  • The second tranche of work-overs will start in May. Overall, 12-15 work-overs will be undertaken during 2024, at a pace of 2-3 workovers per month, potentially adding a total of 240-300 boe/d.
  • The drilling of new wells is expected to start in 3Q24 at a cost of US$1.8 mm per new well. 10 infill development and infill drilling locations have been high-graded. Each well could add 75-200 bbl/d with a payback of 4-6 months.
Read in Full
Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    Criterium Energy

    More articles like this

    Golden Matrix Group Inc

    Super Heli gains lift-off in Brazil

    7th April 2025

    Expanse Studios enters Brazil’s iGaming market with Super Heli crash game certification. Join the lucrative gaming expansion with Golden Matrix Group!

    Time Finance plc

    Time Finance earns elite workplace recognition

    7th April 2025

    Time Finance named one of UK’s top employers by Best Companies, with a culture-driven strategy earning ‘Very Good Organisation’ accreditation. CEO praises workforce for success.

    © 2025 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.