Coelacanth Stock Price, News & Analysis

Coelacanth Energy (TSXV: CEIEF) announced an increase to its bank credit facility from $52M to $80M, with closing expected mid-November 2025, and reported estimated net bank debt of $43M as at Sept 30, 2025. The company is drilling three additional Lower Montney wells on the 5-19 pad with completions anticipated late November and an on-stream target of early February 2026.

Coelacanth cites current field production of ~4,400 boe/d and forecasts ~8,400 boe/d at year-end and > 10,000 boe/d by February 2026 when new wells are online. The company also disclosed hedges for Nov 2025–Mar 2026 on natural gas and light oil volumes and provided multiple short-duration well test/IP30 rates for the 5-19 pad wells.

Coelacanth Energy (TSXV:CEIEF) engaged ICP Securities to provide automated market making using ICP Premium™ in compliance with TSX Venture Exchange policies.

The agreement starts on October 31th, 2025, has an Initial Term of four months and auto‑renews monthly unless 30 days' written notice is given. ICP will be paid C$7,500 per month plus taxes. There is no stock or option-based compensation, no performance factors, and ICP and the company are arm's length at signing.

Coelacanth Energy (TSXV: CEI) reported Q2 2025 financial results showing mixed performance. The company achieved 53% year-over-year growth in oil and natural gas sales to $4.8 million, while production increased to 1,210 boe/d, up 28% from Q2 2024.

However, the company recorded a net loss of $3.46 million, 49% higher than the previous year, and negative adjusted funds flow of $600,000. Capital expenditures significantly increased to $14.27 million, up 466% year-over-year, leading to an adjusted working capital deficiency of $41.9 million.

Operationally, Coelacanth highlighted progress in its Two Rivers project, including successful test pads and infrastructure development capable of handling 16,000 boe/d. The company expects all wells to be in production by October 1, 2025, following planned maintenance completion.

Coelacanth Energy (TSXV: CEI) provided an operations update and revised reserve/resource reports for its Two Rivers Montney project. The company's new battery facility, commissioned in June, enabled production from 9 previously drilled Montney wells. Three Lower Montney wells showed strong initial production, with 30-day rates ranging from 1,037-1,346 boe/d with 57-67% liquids content.

The updated GLJ Reserve Report effective June 30, 2025, showed total proved plus probable reserves of 27,302 Mboe, with a before-tax NPV10 of $280.1 million. The report reclassified 8.7 million boe to producing status and removed $37.5 million in future development capital.

The new Resource Report identified 6.9 billion barrels of Discovered Petroleum Initially-In-Place (PIIP) and 5.9 trillion cubic feet of Discovered Gas PIIP across approximately 150 net sections over 4 Montney zones.

[ "Three Lower Montney wells exceeded initial production expectations with strong liquids content (57-67%)", "Reserve value increased by $40.4 million from year-end report", "Producing status reserves increased by $107.4 million (NPV10)", "Significant resource potential with 6.9 billion barrels of Discovered Oil PIIP and 5.9 trillion cubic feet of Discovered Gas PIIP", "Successfully commissioned new battery facility enabling production from 9 Montney wells" ]

Coelacanth Energy Inc. (TSXV: CEI) reported its Q1 2025 financial results, showing significant operational challenges. Oil and natural gas sales declined 27% to $2.67M compared to Q3 2024. The company experienced a net loss of $3.62M, widening from $1.20M in the previous year. Production decreased 23% to 761 boe/d. Despite financial headwinds, Coelacanth achieved a major milestone with the completion of its Two Rivers East facility, built on budget with an initial capacity of 8,000 boe/d, expandable to 16,000 boe/d in Q4 2025. The facility is entering testing and start-up phase, with production expected to begin from the 5-19 pad, which previously tested over 11,000 boe/d across 9 wells. The company's working capital position deteriorated to a deficiency of $25.71M, compared to a positive $67.14M in the previous year, primarily due to significant capital expenditures of $25.70M in Q1 2025.

Coelacanth Energy has reported significant growth in its 2024 year-end reserves, with Total Proved plus Probable reserves increasing by 95% to 27.5 million boe and Total Proved reserves rising by 63% to 17.1 million boe. The company's reserve value (NPV10) grew 155% to $239.6 million.

Key operational highlights include:

• Drilling of 3 additional Lower Montney wells on 5-19 pad
• Construction of facilities to enable production of 9 wells in Q2 2025
• Phase 1 facility completion in May 2025 with 7,500-8,000 boe/d capacity
• Phase 2 compression addition in Q4 2025 to double capacity

The reserves evaluation includes 23 combined wells and locations, with $148.3 million of future development capital. The company's Q4 2024 average production was 1,084 boe per day, with a Reserve Life Index of 69.0 years for Proved plus Probable Reserves.

Coelacanth Energy has released its Q4 2024 and full-year financial results, highlighting significant operational milestones at its Two Rivers Montney Project. Key developments include:

- Completion of three Lower Montney wells with average test production of 1,624 boe/d (61% light oil) and one Upper Montney well producing 1,338 boe/d (54% light oil)
- Secured $52.0 million in revolving bank credit facilities
- Substantial completion of pipeline construction connecting 5-19 pad to Two Rivers East facility

Financial highlights for Q4 2024:
- Oil and natural gas sales: $4,544,000 (8% increase YoY)
- Net loss: $2,903,000
- Daily production: 1,084 boe/d (17% increase YoY)
- Operating netback: $24.46/boe

Coelacanth Energy reports successful testing of 4 new wells at Two Rivers East Project. Three Lower Montney wells achieved average rates of 1,624 boepd per well, including 989 bbls/day of light sweet oil and 3.8 mmcf/d of liquids-rich gas, exceeding previous well performance. The Upper Montney well reached 1,136 boepd with 271 bbls/d of light oil and 5.2 mmcf/d of liquids-rich gas, marking a significant 10-mile step-out from Two Rivers West project. The company is constructing facilities to handle up to 60 mmcf/d of gas, with initial testing expected in late April 2025.

Coelacanth Energy (TSXV: CEI) reported its Q3 2024 financial results with oil and natural gas sales of $2.36 million, up 248% from Q3 2023. The company's daily production increased to 829 boe/d, a 313% rise year-over-year. Despite higher revenues, the company recorded a net loss of $2.46 million. Coelacanth initiated construction of an $80 million infrastructure project including 35km of pipelines and a facility capable of handling 16,000 boe/d, expected to be operational by mid-April 2025. The company secured $52 million in debt financing through two revolving bank credit facilities, with $35 million allocated for four new Montney wells and a water disposal well.