Coelacanth Announces Q3 2025 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - November 20, 2025) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased oil and natural gas production 296% to 3,280 boe/d in Q3 2025 from 829 boe/d in Q3 2024. Increased oil and natural gas sales 381% to $11.4 million in Q3 2025 from $2.4...
2025-11-20 6:00 AM EST
Coelacanth Energy Inc. Announces Increased Bank Credit Facility and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - October 30, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to provide the following update: BANK CREDIT FACILITY Coelacanth has signed an agreement to increase its bank credit facility from $52 million to $80 million with closing expected in mid-November. The Company estimates net bank debt relative to the credit facility to be $43 million as at September 30, 2025. The additional liquidity provided will be used, in...
2025-10-30 6:00 AM EDT
Coelacanth Energy Inc. Engages ICP Securities Inc. for Automated Market Making Services
Calgary, Alberta--(Newsfile Corp. - October 29, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The...
2025-10-29 5:15 PM EDT
Coelacanth Announces Q2 2025 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - August 27, 2025) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2025. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended
2025-08-27 6:00 AM EDT
Coelacanth Energy Inc. Announces Operations Update, Revised Reserve Report and Initial Resource Report
Calgary, Alberta--(Newsfile Corp. - August 27, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") has provided an Operations Update, Reserve Report, and Resource Report. OPERATIONS UPDATE Coelacanth completed and commissioned its new battery facility in early June and subsequently started to systematically place the 9 previously drilled Montney wells from the 5-19 pad on production. Although Coelacanth has chosen to moderate the pace of wells brought on-stream because...
2025-08-27 6:00 AM EDT
Coelacanth Announces Q1 2025 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - May 29, 2025) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three months ended March 30, 2025. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended
2025-05-29 6:00 AM EDT
Coelacanth Announces Q4 2024 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - April 24, 2025) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three months and year ended December 31, 2024. All dollar figures are Canadian dollars unless otherwise noted. 2024 HIGHLIGHTS Drilled and completed three Lower Montney wells and completed a previously drilled Upper Montney well on its 5-19 pad at Two Rivers East. Average test production from the three Lower...
2025-04-24 6:00 AM EDT
Coelacanth Announces 2024 Year-End Reserves
Calgary, Alberta--(Newsfile Corp. - April 24, 2025) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its 2024 year-end reserves as independently evaluated by GLJ Ltd. ("GLJ") effective December 31, 2024 (the "GLJ Report" or the "Report"), in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation ("COGE") Handbook. All dollar figures are Canadian dollars unless otherwise noted. Introduction During 2024,...
2025-04-24 6:00 AM EDT
Coelacanth Energy Inc. Announces Grant of Stock Options and Restricted Share Units
Calgary, Alberta--(Newsfile Corp. - January 20, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to acquire up to an aggregate of 3,877,378 common shares ("Common Shares") of the Corporation and the granting of restricted share units ("RSUs") under its restricted share unit plan to obtain up to an aggregate of 2,657,622 Common Shares to...
2025-01-20 4:46 PM EST
Coelacanth Energy Inc. Announces Operations Update
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has completed and tested 4 additional wells at its Two Rivers East Project including 3 Lower Montney Wells and 1 Upper Montney well on the 5-19 pad. LOWER MONTNEY The 3 new Lower Montney wells (F5-19, G5-19, H5-19) were drilled with an average horizontal length of 3,285 metres and completed with approximately 2.5 tons of sand per horizontal metre. The...
2024-12-03 6:00 AM EST
Coelacanth Announces Q3 2024 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - November 21, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended
2024-11-21 6:00 AM EST
Coelacanth Energy Inc. Announces $52 Million Revolving Bank Credit Facility and Fall Drilling Program
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has secured a $52 million bank credit facility and has commenced a 4-well drilling program at Two Rivers East. TWO RIVERS EAST PROJECT Coelacanth has commenced drilling on the 5-19 Pad at Two Rivers East with the first well spud on September 1st. The complete program consists of drilling and completing 3 Lower Montney wells, completing 1 previously...
2024-10-07 6:00 AM EDT
Coelacanth Announces Q2 2024 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - August 29, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2024. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended
2024-08-29 6:00 AM EDT
Coelacanth Energy Inc. Announces Receipt of All Regulatory Approvals for Two Rivers East and Finalization of Midstream Processing Agreement
Calgary, Alberta--(Newsfile Corp. - July 2, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has received all regulatory approvals to construct infrastructure for its Two Rivers East Project and has finalized its previously announced processing agreement with NorthRiver Midstream Inc. ("NRM"). TWO RIVERS EAST PROJECT The Company has obtained all regulatory approvals to construct a new battery facility ("Facility") at Two Rivers East designed for gas...
2024-07-02 6:00 AM EDT
Coelacanth Announces Q1 2024 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2024. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended
2024-05-30 6:00 AM EDT
Coelacanth Announces 2023 Year-End Reserves
Calgary, Alberta--(Newsfile Corp. - April 18, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its 2023 year-end reserves as independently evaluated by GLJ Ltd. ("GLJ") effective December 31, 2023 (the "GLJ Report"), in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation ("COGE") Handbook. All dollar figures are Canadian dollars unless otherwise noted. Introduction During 2023, Coelacanth completed...
2024-04-18 6:00 AM EDT
Coelacanth Announces Q4 2023 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - April 18, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three months and year ended December 31, 2023. All dollar figures are Canadian dollars unless otherwise noted. 2023 HIGHLIGHTS Drilled five wells on its 5-19 pad at Two Rivers East. Four wells (three Lower Montney and one Basal Montney) were completed in Q4 2023. Combined test production from the three Lower...
2024-04-18 6:00 AM EDT
Coelacanth Energy Inc. Announces Grant of Stock Options and Restricted Share Units
Calgary, Alberta--(Newsfile Corp. - March 15, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to acquire up to an aggregate of 3,885,634 common shares ("Common Shares") of the Corporation and the granting of restricted share units ("RSUs") under its restricted share unit plan to obtain up to an aggregate of 1,942,816 Common Shares to certain...
2024-03-15 4:43 PM EDT
Coelacanth Energy Inc. Announces Capital Budget & Operations Update
Calgary, Alberta--(Newsfile Corp. - March 7, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its Board of Directors has approved a capital budget ("Budget") of up to $128 million to be invested in 2024 and Q1 2025. Substantially all of the Budget will be spent at Two Rivers where Coelacanth is developing its large Montney acreage position. Approximately $80 million is to be invested in infrastructure at Two Rivers East where the Company had previously...
2024-03-07 6:00 AM EST
Coelacanth Energy Inc. Announces Operations Update
Calgary, Alberta--(Newsfile Corp. - January 18, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has completed and tested 4 wells at its Two Rivers East Project including 3 Lower Montney Wells and 1 Basal Montney well on the 5-19 pad. LOWER MONTNEY The 3 Lower Montney wells (C5-19, D5-19, E5-19) were drilled with an average horizontal length of 3,140 metres and completed with approximately 2.5 tonnes of sand per horizontal metre. Drilling and...
2024-01-18 6:00 AM EST