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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 Grandcentralon Jun 12, 2021 9:50am
117 Views
Post# 33377527

RE:RE:RE:Pressure is building now....

RE:RE:RE:Pressure is building now....The over allotment opened the pressure valve for a while (not a fan of banks squeezing in every dollar and stealing buying pressure from the open market). From a value standpoint, we are ahead of where we were at the equity raise. By percentage, we have more run ahead of us based on bullish sentiment, rising NG prices, hunger for acquisitions, general market trend and future outlook.
I imagine there are good vibes at corporate headquarters - nice to have what others want.
GLTA

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