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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 TouchDown12on Mar 21, 2021 1:25pm
83 Views
Post# 32847051

RE:LXE: The Montney wells are too big for its size

RE:LXE: The Montney wells are too big for its sizeWill see. While i appricatie were you are coming from as a risk; Not sure it's as black and white as you are making it out to look like. That land is going to get developed one-way or another.... so it'll either be LXE; LXE plus JV; or New owner. However, LXE was very careful in the past not to unbalance the compnay for growth alone; so i am sure they will be riding the razer's edge to grow prodcution. Doesn't mean they won't succeed though. Long LXE GLTA TD12
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