Daily BriefsIndonesia

Daily Brief Indonesia: Medco Energi, Criterium Energy and more

In today’s briefing:

  • Lucror Analytics – Morning Views Asia
  • Criterium Energy Ltd (TSX-V: CEQ): Flow rate of up to 8 mmcf/d at South East MGH. Reducing FY25 capex guidance


Lucror Analytics – Morning Views Asia

By Leonard Law, CFA

  • In today’s Morning Views publication we comment on developments of the following high yield issuers: Medco Energi, Yuexiu Property, Xiaomi Corp, Nissan Motor
  • The UST curve twisted steeper yesterday, as front-end yields declined on the back of a solid auction for 2Y notes. That said, long-dated yields ended higher, amid concerns over the US central bank’s independence after President Donald Trump moved to oust Fed Governor Lisa Cook. The yield on the 2Y UST fell 4 bps to 3.68%, while that on the 10Y UST was down 1 bp at 4.26%.
  • Equities climbed, with the S&P 500 and Nasdaq both up 0.4% at 6,466 and 21,544, respectively

Criterium Energy Ltd (TSX-V: CEQ): Flow rate of up to 8 mmcf/d at South East MGH. Reducing FY25 capex guidance

By Auctus Advisors

  • • The SEM-01 well at South East MGH flowed 7–8 mmcf/d on test on 40/54” and 48/64” choke sizes.
  • Further choke expansion was constrained by surface facility limitations.
  • This follows the MGH-20 well at North MGH, which flowed at 2.8 mmcf/d on test.

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