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EXPLORING THE MONTNEY FORMATION

Coelacanth Energy Inc. owns approximately 140 (net) sections of Montney acreage in the Two Rivers region and has identified 8.9 billion bbls of Original Oil in Place and 8.6 tcf of Original Gas in Place across these lands.



 

Bullboard - Investor Discussion Forum Coelacanth Energy Inc. V.CEI

Alternate Symbol(s):  CEIEF

Energy Oil & Gas E&P
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... see more

TSXV:CEI - Post Discussion

Coelacanth Energy Inc. > Drilling news
View:
Post by bullmarketnow on Oct 08, 2021 2:34pm

Drilling news

Anyone know how they drilling is going.  When can we expect news?
Comment by bruloil on Oct 12, 2021 9:48am
bullmarketnow drilling news = unknown. What we know is 2021 Q3 & Q4 29,6M $ spending 23 M $ on drilling & completion 3,3M facility pipeline 3,3 M equip. & connections
Comment by TouchDown12 on Oct 14, 2021 6:00am
Quick 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 ...more  
Comment by bullmarketnow on Oct 14, 2021 9:38am
What kind of production are we expecting from the 4 well pad?
Coelacanth Energy Inc.
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ABOUT NEWS MEET THE CEO

SCALABLE PROJECTS WITH
RAPID GROWTH
Multiple horizons delineated and initial infrastructure in place to kick off the development

MASSIVE UNTAPPED RESOURCE
In excess of 8.9 billion bbls of oil and
8.6 tcf of liquids rich gas in place

HIGH MARGIN
Low capital and operating costs combined
with high value products

EGRESS & MARKETS
Multiple oil and gas takeaway options allow access to many markets including Asia

STRONG MANAGEMENT TEAM
Successfully stewarded 6 prior public
energy companies

EXCEPTIONAL BALANCE SHEET
Fully funded with no debt


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