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Lycos Energy Inc LCXEF


Primary Symbol: V.LCX

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.


TSXV:LCX - Post by User

Lycos Energy Inc > I don't understand???
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Comment by Seppelton Sep 17, 2024 10:07am
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Post# 36227022

RE:I don't understand???

RE:I don't understand???Angles, 
Are you following oil prices? Try, and you will understand. WTI plunged from about $80 2-3 months ago, breaking the low of its recent range of $72 to just over $65 a week ago. It is slowly recovering but still trading below $70. 
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