Sector: Energy | Industry: Oil & Gas Exploration and Production |
Company Contact | |
Address: | 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: | $255.16M 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: | 426,670,000 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |