Lycos Energy Inc V.LCX

@ the Bell: TSX reaches 3-week high

[Jonathon Brown]

The TSX climbed to its highest in three weeks as investors raised bets around a U.S. Fed rate cut after last’s week soft payrolls data. read article.

[uwebb429]

ATB Capital Markets analyst Amir Arif thinks Lycos Energy Inc. “is one of the best avenues to play the Manville stack open hole multilateral trend.” Seeing the Calgary-based company at the

[uwebb429]

https://financialpost.com/news/local-news/sask-to-increase-oil-production-with-new-multilateral-well-drilling-program/wcm/24c55256-dab2-4464-939f-ec9759f8f339

[Jonathon Brown]

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity. read article.

[uwebb429]

Lycos recently increased their 2024 capex budget from $61M to $66M. They plan to use that money to drill 3 additional wells in Saskatchewan. No new financing is needed. The increased price of oil

[Flush11]

I could see at least another $1.50 in the stock price just based on Sask royalty reduction. 40% of land is in Sask - that will enable them to generate more net cash flow more quickly.

[uwebb429]

https://twitter.com/emmpeethree/status/1781865071398076874

[Flush11]

We can't control the stock price obviously but truly I did not see anything negative in the update. If anything production was a little higher than expected. Likely positive news was already

[Angles]

Everything seems great, except the share price??? Achieved record production in the fourth quarter of 2023 of 4,121 boe/d (99% crude oil) and exit December average production of 4,357 boe/d

[PressRelease]

Calgary, Alberta--(Newsfile Corp. - April 18, 2024) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three months and year ended December 31, 2023 and the results of Lycos' year-end independent oil and gas reserves...read article.

[Angles]

Now changed to pre-market April 18, 2024.

[uwebb429]

https://boereport.com/2024/04/12/week-in-review-stock-gainers-fallers-and-most-read-articles-54/

[uwebb429]

https://lycosenergy.com/investors/#financial-reports

[TheRexmember]

Those wine rack wells are really killing it. Every few months there seems to be another improvement in drilling techniques. They were already leaders in MLOH drilling....now fishbone, sweepers and

[Angles]

Lycos Energy Inc. Announces Operations Update Highlighted by Wine Rack Drilling Outperformance and Updated 2024 Guidance V.LCX | 4 hours ago Calgary, Alberta

[Ladyfern]

This is going to be issue for many companies that are fracking, lycos, headwater tve,and others  that are drilling multi laterals not fracking are using min water will be better off. Imo I really

[Ladyfern]

Another pad done and moved drilling again https://riggertalk.com/drillingrigs/bonanzadrillinginc.4