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EXPLORING THE MONTNEY FORMATION

Coelacanth Energy Inc. owns approximately 140 (net) sections of Montney acreage in the Two Rivers region and has identified 8.9 billion bbls of Original Oil in Place and 8.6 tcf of Original Gas in Place across these lands.



 

Bullboard - Investor Discussion Forum 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... see more

TSXV:CEI - Post Discussion

Coelacanth Energy Inc. > Trying to locate this play
View:
Post by silverT on Oct 20, 2021 6:31pm

Trying to locate this play

How close is it to Dawson Creek and the Coastal Gaslink , by the maps I have looked at it appears to be close .
Also things are hopping in Grand Prairie and that also seems fairly close to LXE and maybe that's why the pipe line .
Comment by TouchDown12 on Oct 20, 2021 7:14pm
It's about 50KM from Dawson Creek to the head of the Coastal GasLink Pipleine Mile 0 (Start). It's just off off Hwy. 97 west of Dawson Creek. You can see it here: https://map.coastalgaslink.com I hope that helps Silver. I am mighty long LXE.... and Staying Long! GLTA TD12
Comment by TouchDown12 on Oct 20, 2021 7:19pm
LXE's play is NORTH of Dawson Creek..... can see it (kinda) in this presentation by LXE Landholdings: https://www.leucrotta.ca/wp-content/uploads/2021/08/LXE-Corporate-Website-August-2021.pdf However, ALL pipleines (new and old) will be accessible for LXE product delivery (Gas, NGL's, Oil) TD12
Comment by silverT on Oct 21, 2021 7:16am
Thanks TD .....I saw the maps with no reference point but you answered what I wanted to know proximity and access . I picked up a few shares yesterday 
Comment by TouchDown12 on Oct 21, 2021 9:27am
Good Luck SilverT - the next 60 days will tell us a whole lot. TD12
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SCALABLE PROJECTS WITH
RAPID GROWTH

Multiple horizons delineated and initial infrastructure in place to kick off the development

MASSIVE UNTAPPED RESOURCE
In excess of 8.9 billion bbls of oil and
8.6 tcf of liquids rich gas in place

HIGH MARGIN
Low capital and operating costs combined
with high value products

EGRESS & MARKETS
Multiple oil and gas takeaway options allow access to many markets including Asia

STRONG MANAGEMENT TEAM
Successfully stewarded 6 prior public
energy companies

EXCEPTIONAL BALANCE SHEET
Fully funded with no debt



IR CONTACT