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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 Oct 14, 2021 6:00am
109 Views
Post# 34004054

RE:RE:Drilling news

RE:RE:Drilling newsQuick update: i believe they are drilling and completing a 4 well pad this fall - not sure of completion dates BUT I suspect they will release new info in the late November early Dec,. time frame. This would give us clear line of sight in how well Mica works. It also let's them increase reserves as they would be drilled, completed, tested and brought on line before Dec. 31. I hope the SP action lately is an indicator of postive news with all this activity. Next 60 days wlll tell us a lot - maybe more than Q3 alone. GLTA Long LXE. TD12
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