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Logan Energy Corp V.LGN

Alternate Symbol(s):  LOECF

Logan Energy Corp is a Canada-based company, which is engaged in the acquisition, production and exploration of oil and natural gas. The Company is focused in the Pouce Coupe and Simonette areas of north-west Alberta on the Montney resource trend, and in the Flatrock area of north-east British Columbia. The Company has approximately 193,000 net acres of working interest, 95% Montney Crown land across three properties (Simonette, Pouce Coupe and Flatrock). The Simonette property has approximately 51 operated Montney wells primarily drilled in the gas condensate window. The Pouce Coupe property has seven wells. The Pouce Coupe asset spans the gas condensate to light oil window. The Flatrock property is undeveloped Montney acreage prospective for both gas condensate and oil development. The Company also owns a 50% working interest in its 120 million standard cubic feet per day (mmcf/d) gas plant.


TSXV:LGN - Post by User

Post by jenkshon Jul 28, 2023 9:40pm
369 Views
Post# 35562797

Logan has 549v million shares o/s fully diluted

Logan has 549v million shares o/s fully diluted Initial cash 109 million. Properties are Nat gas weighted
May be over priced until they drill up oil prospects on these lands  expect share consolidation within 6 months....as per Spartan Delta past playbook. 
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