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 2026 * Positive 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 gas Calgary, Alberta--(Newsfile Corp. - August 31, 2026) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused on energizing growth for Southeast Asia today announced that it has entered into a definitive Gas Sales Agreement ("GSA") with PT Perusahaan Gas Negara (Perseo) Tbk ("PGN") for the supply of natural gas and released its unaudited financial results for the second quarter ended June 30, 2026.