Criterium Energy intends to execute an acquisition, development, and optimization strategy targeting SE Asia upstream energy assets. This vision is underpinned by our management team's technical and commercial capabilities, the regions high-yield energy market, and a strong M&A pipeline that we believe will result in scalable growth and sustainable cash generation.
We are actively supporting the energy transition:
By 2035, SE Asia’s population is forecasted to be over 800 million and the middle-class population is expected to double, reaching approximately 350 million people, exceeding the entire population of the United States. This demographic emergence is the catalyst for world leading economic growth with GDP forecasted to increase by 140% and energy demand to keep pace with an increase of over 125%. Various forms of energy will be required to support these growing economies and hydrocarbons will play a pivotal role as natural gas demand is expected to grow by at least 50% by 2050 under the accelerated transition scenario. This demand growth is driven by coal to gas switching for power generation and underpinning intermittent renewables.
Executing upon Strategic Pillars:
Criterium Energy intends to target upstream energy assets in SE Asia that can support a free cash flow operating model by realizing development growth, production optimization, and economies of scale. The New Management Team will prioritize a combination of producing assets and energy developments near demand centers and exposure to premium-priced markets when compared to North America. Our focus is on total shareholder return, realized by executing on three strategic pillars:
1. Successful and sustainable reputation
2. Innovation and technology arbitrage
3. Operational Excellence, including safety
TSXV:CEQ
Company Details
- Employees
- 11
- Address
- 1120, 202 6th Ave Sw, Calgary,ab T2p2r9,canada
- Industry
- Oil And Gas
- NAICS
-
Oil and Gas Extraction
- Website
- http://www.criteriumenergy.com
- Keywords
- Energy.
- HQ
- Calgary, AB
Criterium Energy Questions
Criterium Energy's website is http://www.criteriumenergy.com
Criterium Energy's LinkedIn profile is https://ca.linkedin.com/company/criterium-energy
Criterium Energy has
11 employees.
View email and phone details for 11
employees at Criterium Energy.
Criterium Energy's industry is
Oil and Gas
Criterium Energy's top competitors are
Criterium Group,
Cenovus Energy,
Mubadala Energy,
Sonoro Energy Limited,
Woodside Energy,
Harbour Energy,
Jadestone Energy,
Prima Energy,
Valeura Energy Inc.,
Lowker Migas Dan Energi.
Criterium Energy's categories are Oil and Gas
