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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 Sep 24, 2021 12:48pm
194 Views
Post# 33914428

RE:Love him or hate him-Nuttall

RE:Love him or hate him-NuttallThanks Loonie. I have been a bit absent on posting but always appricate - often late in the day - your posts. I think LXE is getting ready to move as the trade action is picking up leftover deal shares (I believe) in the mid- .70's. I picked up some more in my RRSP today as the land thse guys own is going to be re-rated as soon as they de-risk (drilling results by Y/E 21) and NG prices (doubled since the deal in March after the Texas run-up came off). SO... this is my most patient holding but i am predicting a double from here by end 2022; and with their land - might either get pciked off for 2 or they grow organically to 5 in 3-4 years (LNG). I know i am just riffing but I have held CR, BIR and KEL; and they have just exploded at a certain point. I think LXE - with no debt, cash on hand, ltons of land (even after the small sale in March) and soon to be relaized prodcution (2021-2022) - all unhedged - it could surprise. Contined good luck Loonie - and i hope your happy with AAV as it did a beautiful move in early September i believe. TD12
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