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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

Bullboard Posts
Comment by George98on Apr 10, 2017 10:28am
107 Views
Post# 26100112

RE:RE:LXE's placement versus TVL's placements (10%+ insiders)

RE:RE:LXE's placement versus TVL's placements (10%+ insiders)efficientmyass, English must not be your first language. I have already noted it twice and I will write once again. 

The repeatedly low (although they were UNRESTRICTED) IP-7s from the new Lower Montney Turbidite wells aside (713 boepd, 371 boepd, 472 boepd and 550 boepd), LXE has NOT specified the Condensate volumes but it hides them under the % liquids ratio saying 45% oil and liquids. These liquids are largely NGLs and oil, because if they were rich in CONDENSATE, LXE would report it separately like all the other Montney producers do. 


Let me know now about the participation in the placement at $2.25.

Let me know whether LXE's insiders have bought one single share since May 2016 when the stock surpassed $1.50. I want facts and links.

Bullboard Posts