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.

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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

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Coelacanth Energy Inc. > News out this morning

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Post by loonietunes on Dec 09, 2021 7:34am

News out this morning

Here you go TD12 Merry Christmas! If you have a minute take a look at the Gear jnterview I posted on the WCP site interesting take.

https://ca.finance.yahoo.com/news/leucrotta-exploration-announces-results-phase-110000279.html

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Comment by TouchDown12 on Dec 09, 2021 10:15am

Good Morning LoonieTunes! Yes a very good Christmas present from LXE - and I think a gift that will keep on giving on Q1 '22 (Q4 and new Reserve Report). Given production and cash on hand, i am predicting that LXE drills Phase II and Phase III; exits '22 at 12-13k/day (5k/day currently); and remains debt free. I maybe wrong but that should add 1.) proof of production model (payout): 2 ...more

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Coelacanth Energy Inc.