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Coelacanth Energy Inc. (V:CEI)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: Suite 2110, 530 - 8Th Avenue Sw
CALGARY AB T2P 3S8
Tel: N/A
Website: https://www.coelacanth.ca
IR: See website
Key People
Robert Zakresky
President, Chief Executive Officer, Director
Nolan Chicoine
Chief Financial Officer, Vice President - Finance
Terry L. Trudeau
Chief Operating Officer
Bret Kimpton
Vice President - Operations
Peter Cochrane
Vice President - Engineering
Helmut R. Eckert
Vice President - Land
John Fur
Vice President - Geosciences
Gregory E. Peterson
Corporate Secretary
 
Business Overview
Coelacanth Energy Inc. is a Canada-based oil and natural gas exploration and development company. The Company is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company has land located in the Two Rivers area of northeastern British Columbia. The Company owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified about 8.9 billion barrels (bbls) of crude oil of Original Oil in Place (OOIP) and about 8.6 trillion cubic feet (tcf) of Original Gas in Place across these lands.
Financial Overview
For the nine months ended 30 September 2023, Coelacanth Energy Inc revenues decreased 59% to C$1.8M. Net loss decreased 44% to C$5.8M. Revenues reflect Natural gas segment decrease of 59% to C$1.2M. Lower net loss reflects Share based compensation decrease of 75% to C$2.3M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $377.95M as of Sep 30, 2023
Annual revenue (TTM): $3.12M as of Sep 30, 2023
EBITDA (TTM): -$7.38M as of Sep 30, 2023
Net annual income (TTM): -$6.55M as of Sep 30, 2023
Free cash flow (TTM): -$53.30M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 529,391,910 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization