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Coelacanth Energy Inc. V.CEI

Alternate Symbol(s):  CEIEF

Coelacanth Energy Inc. is a Montney-focused oil and natural gas exploration and development company, with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.


TSXV:CEI - Post by User

Comment by Roscoe747on Mar 15, 2022 9:39pm
192 Views
Post# 34517175

RE:RE:RE:RE:RE:some one (s)

RE:RE:RE:RE:RE:some one (s)Reserves report by end of March.  Q4/21 and AAFS/21 by end of April. Maybe an 'up date' but no formal forward guidance according to IR.

More sellers than buyers whenever the SP goes up a penny or two. Lots of promises but little share price appreciation - reminds me of Painted Pony and how that ended. Even a mutt like Prairie Provident Resources is up 150% while LXE shareholders line up to sell.

I think that blowing down 1P holds more value than chasing the drill bit in this environment and All LXE has to offer is wet dreams and a pocket full of lint.
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