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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. > Saturday Morning NG Good News
View:
Post by TouchDown12 on Mar 12, 2022 2:14pm

Saturday Morning NG Good News

         
 
Projected Daily Natural Gas Storage Withdrawal For March 12
 
Today's Projection Historical Comparison
 
-31 BCF Vs. Yesterday: -18 BCF Down -14 BCF
 
Mar 12, 2021: -2 BCF 30 BCF Bullish
 
5-Year Average: -9 BCF 23 BCF Bullish
 
Summary
 
Today's projected -31 BCF withdrawal is 14 BCF greater than yesterday's -18 BCF draw. It is 30 BCF bullish compared to last year's -2 BCF draw and 23 BCF bullish versus the 5-year average -9 BCF/day draw.
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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