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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

Bullboard (TSXV:CEI)

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Post by loonietuneson Feb 08, 2022 8:58pm

Stockwatch Energy today

  Energy Summary for Feb. 8, 2022   2022-02-08 20:38 ET - Market Summary   by Stockwatch Business Reporter West Texas Intermediate crude for March delivery lost 99 cents to  ...more  
Comment by bruloilon Feb 08, 2022 12:04pm

RE:RE:RE:nice volume before opening feb. 3

Thanks for your comment, it is always appreciated when someone follows the comment. My investment's methodologie is mostly based on insiders mouvements. In this case, we are well served. Xle now ...more  
Comment by TouchDown12on Feb 08, 2022 11:33am

RE:RE:nice volume before opening feb. 3

Excellent reporting Bruloil. I think the impatient hands are selling a little lately BUT we know that good news is right around the corner. For the most part LXE is holding up pretty good lately ...more  
Comment by bruloilon Feb 08, 2022 11:11am

RE:nice volume before opening feb. 3

We now have some answer on the 7,6 milions shares. Jog capital was the seller, Hyer Raymond  + 250K, Gmt capital made addition &/ or transferts (not clear), Brussa added 300k at .90 and 86 ...more  
Post by loonietuneson Feb 07, 2022 8:45pm

Stockwatch Energy today

  Energy Summary for Feb. 7, 2022   2022-02-07 20:37 ET - Market Summary   by Stockwatch Business Reporter West Texas Intermediate crude for March delivery lost 99 cents to  ...more  
Comment by TouchDown12on Feb 04, 2022 8:13pm

RE:RE:RE:RE:RE:Oil hedge ?

good catch. i think you are correct. SO.... they don't want to EVER get caught with more pipleline contract space then production ever again.... Just my take. TD12
Post by loonietuneson Feb 04, 2022 8:11pm

Stockwatch Energy today

  Energy Summary for Feb. 4, 2022   2022-02-04 20:06 ET - Market Summary   by Stockwatch Business Reporter West Texas Intermediate crude for March delivery added $2.04 to ...more  
Comment by loonietuneson Feb 04, 2022 7:30pm

RE:RE:RE:RE:Oil hedge ?

A long time ago they gave up pipeline space, the ghost of the past has come back?  Spot Ft. Chicago is what now $Usd.
Comment by TouchDown12on Feb 04, 2022 2:50pm

RE:RE:RE:Oil hedge ?

For the benefit of longs, i went back and looked at the Q3 report and Mica update in December. I doubt they are hedged on NG (around 90% of production) so they will get the full benefit on that part ...more  
Post by Grandcentralon Feb 04, 2022 11:12am

Still holding, and adding

Value is quietly going up, and I believe there will be a sudden realization. GLTA
Comment by TouchDown12on Feb 04, 2022 10:06am

RE:RE:Oil hedge ?

Now you got me thinking about being unhedged. In a raising strip while also raising production (2022 drilling program) with the yield type wells that LXE drills it could really benefit from a rising ...more  
Comment by TouchDown12on Feb 04, 2022 9:54am

RE:Oil hedge ?

I don't think they do. On-line production was to small to hedge - so unless they put them on at the end of Q4 with the new produciton - which i doubt - i'd say no hedges. TD12
Post by iClosemon Feb 04, 2022 9:46am

Oil hedge ?

Does LXE have hedge positions in 2022/23? 
Post by loonietuneson Feb 03, 2022 9:01pm

Stockwatch Energy today

  Energy Summary for Feb. 3, 2022   2022-02-03 20:41 ET - Market Summary   by Stockwatch Business Reporter West Texas Intermediate crude for March delivery added $2.01 to ...more  
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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



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