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Lycos Energy Inc V.LCX

Alternate Symbol(s):  LCXEF

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.


TSXV:LCX - Post by User

Comment by Bennys65on Sep 14, 2023 7:03am
208 Views
Post# 35635357

RE:LCX on the move.

RE:LCX on the move.In todays market the banks are not lending or doing deals with oil companys.The fact that  a junior like lcx was able to do a bought deal is pretty amazing and speaks to the credibility of management..Frog lake is an interesting area but we have competion there.Bison interests for one.We will see more of this in coming months
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