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Criterium Energy Q2 FY26 operating cash flow swings to C$1.48 million; net loss widens to C$2.7 million

PUBT·08/31/2026 11:32:09
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Criterium Energy Q2 FY26 operating cash flow swings to C$1.48 million; net loss widens to C$2.7 million
  • Criterium Energy posted Q2 petroleum sales up 16.34% year over year to CAD 8.78 million.
  • Cash flow from operating activities swung to CAD 1.48 million from CAD 164,000 a year earlier, lifting cash to CAD 2.4 million.
  • Net loss widened to CAD 2.7 million; oil output fell 29.55% year over year to 627 bbl/d on natural decline and testing.
  • Signed a long-term gas sales agreement with PGN for Tungkal PSC supply through 2040, with fixed pricing aligned to US$6-$7/MMBtu guidance.
  • SE-MGH development is about 85% complete, targeting first gas in September 2026 at 5-8 mmcf/d, expected to more than double production.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Criterium Energy Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608310730NEWSFILECNPR____20260831_312125_1) on August 31, 2026, and is solely responsible for the information contained therein.