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Bullboard - Stock Discussion Forum
Lycos Energy Inc
V.LCX
Alternate Symbol(s):
LCXEF
Energy
Oil & Gas E&P
Lycos Energy Inc. is an oil-focused, exploration, development and production company based in Calgary, Alberta. The Company is engaged in the exploration for and development of petroleum and natural gas production in western Canada. The Company is engaged in operating heavy-oil, development assets in the Lloydminster, Greater Lloydminster area and Gull Lake, Saskatchewan. The Company also owns...
approximately 12,335 net acres of Wyatt land, including over 20 net drilling locations, which has a production of about 400 barrels of oil equivalent per day (boe/d). Its acquisition focus is primarily in the Lloydminster area. In addition, the Company retains low-decline, long-life producing assets in the Gull Lake / Swift Current area in Southwest Saskatchewan.
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Bullboard (TSXV:LCX)
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(394)
•••
uwebb429
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Comment by
uwebb429
on Jul 03, 2024 2:06pm
RE:RE:RE:Saskatchewan Drilling
I thought Bonanza Rig #4 would be spending some time in Saskatchewan. I was wrong. Rig #4 has returned to Alberta. It will be working about 14 miles west south west of the very successful wells that
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(84)
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Angles
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Comment by
Angles
on Jul 03, 2024 12:42am
RE:RE:Saskatchewan Drilling
Thanks UWEBB429. I for one appreciate all the information you have dug out and provided on LCX. I still believe they are doing a great job management wise with excellent drilling results coming in. So
...more
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posted Nov 23, 2024 9:00am by
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(394)
•••
uwebb429
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Comment by
uwebb429
on Jul 02, 2024 1:44am
RE:Saskatchewan Drilling
The 04-05 Saskatchewan border drilling location shows 6 multi-lateral legs heading towards the south southwest in the direction of Lloydminster. These are the multi-lateral wells that Lycos is
...more
(394)
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uwebb429
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Post by
uwebb429
on Jun 27, 2024 2:22pm
Sneak Peek
The official Q2 results are still almost two months away. Here is a sneak peek. May 2024 - 5746 boe/d The Wildmere Pad at 6-30-048-05 W4 makes for a good case study. The Wildmere field was
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(394)
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uwebb429
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Post by
uwebb429
on Jun 25, 2024 2:39pm
EnerCom Denver
Lycos Energy will be presenting at the EnerCom Denver - Energy Investment conference from August 18-21, 2024. https://enercomdenver.com/ https://enercomdenver.com/presenting-companies/ Very
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(394)
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uwebb429
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Post by
uwebb429
on Jun 14, 2024 11:06am
Saskatchewan Drilling
Lycos is drilling just northeast of Lloydminster. Drilling on the Saskatchewan side of the border allows Lycos to take advantage of the reduced royalty rates for multi-lateral drilling that were
...more
(394)
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uwebb429
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Post by
uwebb429
on May 27, 2024 2:18pm
Dave Burton, CEO Explains Multi-Lateral Drilling
https://www.youtube.com/watch?v=Mqe5n90i9C8 https://pipelineonline.ca/multi-lateral-well-program-could-reinvigorate-cold-heavy-oil-production
(394)
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uwebb429
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Post by
uwebb429
on May 24, 2024 2:54pm
May 23 National Bank - Outperform
https://twitter.com/emmpeethree/status/1794067338129731721
(0)
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PressRelease
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Post by
PressRelease
on May 22, 2024 6:41pm
New Press Release - Lycos Energy Inc. Announces First Quarter Financial Results and Operations Update
Calgary, Alberta--(Newsfile Corp. - May 22, 2024) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three months ended March 31, 2024. Selected financial and operating information is outlined below and should be read with...
read article.
(394)
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uwebb429
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Post by
uwebb429
on May 15, 2024 7:20pm
Ask Perplexity
Is Lycos Energy a good investment? Based on the information provided in the search results, Lycos Energy Inc. appears to be an attractive investment opportunity in the Canadian oil and gas sector
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(6055)
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retiredcf
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Post by
retiredcf
on May 14, 2024 9:37am
BMO Initiate Coverage
BMO Nesbitt Burns analyst Jeremy McCrea reinstated coverage of two Canadian energy companies on Tuesday: * Lycos Energy Inc. (LCX-X) with an “outperform” rating and $5 target. The average
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(394)
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uwebb429
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Post by
uwebb429
on May 06, 2024 11:32am
ATB Capital Markets on Lycos Energy
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
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(394)
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uwebb429
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Post by
uwebb429
on May 04, 2024 12:56am
Lycos Reallocating Funds to Saskatchewan
https://financialpost.com/news/local-news/sask-to-increase-oil-production-with-new-multilateral-well-drilling-program/wcm/24c55256-dab2-4464-939f-ec9759f8f339
(394)
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uwebb429
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Comment by
uwebb429
on Apr 24, 2024 12:46pm
RE:see the price target from national bank is still 9.00
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
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(31)
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Flush11
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Post by
Flush11
on Apr 23, 2024 7:28pm
see the price target from national bank is still 9.00
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.
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