Canadian oil and natural gas exploration and development company Coelacanth Energy (TSXV:CEI) is scaling operations in the prolific Montney region in BC with a clear growth trajectory, making it a compelling case for investors seeking entry at the ground floor, the company’s president and CEO, Rob Zakresky, told the Investing News Network.
In an interview, Zakresky highlighted Coelacanth Energy’s strategic plan to expand from its current output of 1,000 barrels per day to more than 10,000 barrels per day by the end of 2025.
"We believe we're going to be able to create significant value over the next three to five years," Zakresky said, inviting investors to share in this growth journey.
Coelacanth Energy’s landholdings in the Montney region are located in the Two Rivers area with access to a highly productive portion of the basin, strategically ensuring its ability to tap into the natural gas and oil resources within its properties.
Zakresky said the Montney is still in the early stages of development, presenting extensive opportunities for growth and energy supply contributions both locally and globally.
"It's going to be a dramatic resource development for Canada," he said.The company's infrastructure development plan, which involves an $80 million investment to connect existing wells, is pivotal to this growth, Zakresky added.
