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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 Flush11on Apr 18, 2024 3:59pm
148 Views
Post# 35996685

RE:2023 Results - Looks great but ...

RE:2023 Results - Looks great but ...
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 priced in a little. With oil prices down a few dollars maybe that is impacting.  

Very impressed with the falling costs on pretty much every metric.

Bring on the active drill program.
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