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COELACANTH ENERGY INC - CEIEF STOCK NEWS

Welcome to our dedicated news page for COELACANTH ENERGY (Ticker: CEIEF), a resource for investors and traders seeking the latest updates and insights on COELACANTH ENERGY.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect COELACANTH ENERGY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of COELACANTH ENERGY's position in the market.

News
Coelacanth Announces 2023 Year-End Reserves
Rhea-AI Summary
Coelacanth Energy Inc. announces its 2023 year-end reserves, showing significant increases in Total Proved plus Probable reserves, Total Proved reserves, and Total Proved plus Probable Reserve value. The company's business plan for the Two Rivers Montney Project includes delineating and establishing production on multiple Montney zones, constructing facilities and pipelines, and accelerating production through pad drilling. Coelacanth is excited to aggressively develop the property and move the established recoverable resource to its producing reserve base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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News
Coelacanth Announces Q4 2023 Financial and Operating Results
Rhea-AI Summary
Coelacanth Energy Inc. announces its Q4 2023 financial and operating results, highlighting successful drilling activities, completion of wells, and significant financing activities. The company reported positive test production results and closed a bought-deal public financing, ending 2023 with adjusted working capital of $67.6 million. The operational update for Two Rivers East and Two Rivers West showcases productive quarters with successful pad completions and production commencements. The common-control transaction with Leucrotta Exploration Inc. and Vermilion Energy Inc. closed in May 2022, transferring assets to Coelacanth. The financial and operational results demonstrate growth and progress in the company's strategic initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
earnings
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News
Coelacanth Energy Inc. Announces Capital Budget & Operations Update
Rhea-AI Summary
Coelacanth Energy Inc. (TSXV: CEI) announces a capital budget of up to $128 million for 2024 and Q1 2025, focusing on developing its Montney acreage position at Two Rivers. The company plans to invest in infrastructure, drilling, and completions, with a significant portion allocated to a new battery facility and gathering/sales lines at Two Rivers East. Coelacanth also provides updates on well production rates at Two Rivers East and West, showcasing positive test results and future growth potential. Financially, the company ended 2023 with positive working capital of $67 million and no debt, aiming to fund the budget through cash flow and short-term debt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
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none
News
Coelacanth Energy Inc. Announces Operations Update
Rhea-AI Summary
Coelacanth Energy Inc. announces the completion and testing of 4 wells at its Two Rivers East Project, revealing positive results and future growth potential. The Lower Montney wells achieved an average rate of 1,338 boe/d per well, with 54% light oil. The Basal Montney well flowed 395 boe/d, and the company has secured long-term gas takeaway and processing, with an estimated completion date of Q1 2025. Financially, the company estimates positive working capital of approximately $65 million with no debt at the end of 2023.
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End-of-Day
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Coelacanth Announces Q3 2023 Financial and Operating Results
Rhea-AI Summary
COELACANTH ENERGY INC. (TSXV: CEI) Announces Financial Results and Operations Update, Completes Wells and Secures Financing
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Coelacanth Energy Inc. Announces Operations Update
Rhea-AI Summary
Coelacanth Energy Inc. completes 2 wells at Two Rivers West and finishes drilling 5-well pad at Two Rivers East. Production of hydrocarbons expected to increase. Company estimates positive working capital of $24 Million at end of Q3.
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Coelacanth Announces Q2 2023 Financial and Operating Results
Rhea-AI Summary
Coelacanth Energy Inc. announces financial and operating results for Q2 2023 and enters into an arrangement with NorthRiver Midstream Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
earnings
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Coelacanth Energy Inc. Announces Operations Update and Midstream Processing Agreement
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Coelacanth Announces Q1 2023 Financial and Operating Results
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COELACANTH ENERGY INC

OTC:CEIEF

CEIEF Rankings

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CEIEF Stock Data

312.34M
201.00M
32.87%
28.16%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Calgary