# CN Energy Group Announces Commencement of Production from Oil Well Investment Project in Cold Lake, Alberta

- Link: https://www.thailand-business-news.com/pr-news/cn-energy-group-announces-commencement-of-production-from-oil-well-investment-project-in-cold-lake-alberta
- Published: 2026-08-20T03:15:00+07:00
- Author: PR Newswire

LISHUI, China, Aug. 20, 2026 /PRNewswire/ — CN Energy Group. Inc. (NASDAQ: [CNEY](https://www.prnewswire.com/news-releases/cn-energy-subsidiary-pathenbot-signs-automation-product-order-with-new-york-logistics-enterprise-302684777.html#financial-modal))("
CNEY" or the "Company") today announced that the oil well project in the Cold Lake
region of Alberta, Canada, in which the Company’s Canadian wholly owned subsidiary,
CNEY Canada Inc., holds an investment interest, has been completed and has commenced
production.

Located in one of Canada’s major oil-producing regions, the project represents an
important step in CNEY’s strategy to expand its North American energy operations
and establish a platform integrating oil production, investment, trading and supply
chain services.

Through Blessing Logistics Ltd., a wholly owned subsidiary of CNEY Canada Inc., 
CNEY is leveraging local energy resources, investment capital, operational capabilities
and industry relationships to develop an integrated platform covering oil well investment,
crude oil production, transportation, trading and supply chain management.

Mr. Wenhua Liu, interim CEO of CNEY, stated:

"The successful commencement of production at the Cold Lake oil well project marks
an important milestone in the execution of our North American energy strategy. We
are expanding beyond our existing energy businesses into oil asset investment, production
operations and supply chain services. By combining Canadian energy resources, institutional
investment capital and experienced operating teams, we aim to build a scalable energy
investment and supply chain platform that can generate new opportunities for long-
term growth."

Going forward, CNEY will continue to evaluate oil and gas opportunities in Canada
and across North America, with a focus on projects supported by established infrastructure,
stable resource conditions, experienced operators and reliable sales channels. The
Company will also emphasize production management, cost control, environmental compliance,
operational safety and supply chain risk management as it expands its North American
energy platform.

**About CN Energy Group. Inc.**

CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." CNEY
has pioneered and specialized in producing high-quality recyclable activated carbon
from raw carbon materials, converting harmful wastes into invaluable wealth and 
delivering significant financial, economic, environmental and ecologic benefits.
CNEY’s products and services have been widely used by food and beverage producers,
industrial and pharmaceutical manufacturers, as well as environmental protection
enterprises. CNEY also develops and provides customizable robotics products, automation
tools, and related software solutions for small and medium-sized industrial, logistics,
and service businesses in North America. For more information, please visit the 
Company’s website at [www.cneny.com](https://www.cneny.com/).

**Cautionary Note Regarding Forward-Looking Statements**

This press release contains "forward-looking statements" within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.
These statements can generally be identified by words such as "anticipate," "believe,""
expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-
looking statements are based on current beliefs, expectations, and assumptions and
are not guarantees of future performance.

These forward-looking statements include statements regarding the Company’s plans
to expand its North American energy operations, the development and expansion of
its energy investment and supply chain platform, and its plans to continue evaluating
oil and gas opportunities in Canada and across North America. These statements are
subject to risks and uncertainties, including those described under "Risk Factors"
in the Company’s filings with the Securities and Exchange Commission. Actual results
may differ materially from those expressed or implied by these forward-looking statements
as a result of various factors, including market and commodity price conditions,
operational performances, regulatory requirements, and the Company’s ability to 
successfully execute its business strategy.

Forward-looking statements speak only as of the date hereof, and the Company undertakes
no obligation to update them, except as required by law. Information on the Company’s
website or social media is not incorporated by reference into this press release.

---

  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

---

 
**Read the original article :** [CN Energy Group Announces Commencement of Production from Oil Well Investment Project in Cold Lake, Alberta ](http://www.prnasia.com/story/archive/5029402_CN29402_0?rand=184833)