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Coelacanth Energy boosts production 271% in Q4 2025, expands credit facility to $90M for growth.

Company Fundamentals
21 Apr 2026
Newsfile Corp
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Bullish
pluang ai news

Coelacanth Energy completed its Two Rivers East facility and pipelines, significantly increasing oil and gas production by 271% to 4,027 boe/d in Q4 2025, with production reaching 8,000 boe/d by Q1 2026. The company invested over $80 million in 2025 to develop its Montney Project and secured an amended $90 million credit facility to support ongoing drilling and expansion plans. Coelacanth plans to drill additional wells in 2026 and expects further production growth while exploring the large Montney resource potential. The recent equity raise of $80 million will further fund its growth strategy.

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