Vermilion Energy buying at Coelacanth Energy (CEI)

Vermilion Energy buying at Coelacanth Energy (V:CEI)

Vermilion Energy Inc., a 10% Holder, acquired 12,497,000 Common Shares on a direct ownership basis at a price of $0.750 through a private transaction on February 27th, 2024. This represents a $9,372,750 investment into the company's shares and an account share holdings change of 14.1%.

Coelacanth Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

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.