Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Lucero Energy Corp PSHIF


Primary Symbol: V.LOU

Lucero Energy Corp. is a Canada-based independent oil company. The Company is primarily focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. Bakken is a petroleum system with source rock featuring multiple stacked zones accessible for development, which includes Middle Bakken, Three... see more

TSXV:LOU - Post Discussion

Lucero Energy Corp > LAND available and new acquisitions
View:
Post by Moremoney4u on Jul 28, 2022 6:57am

LAND available and new acquisitions

THEIR is a site which shows the companies that are in the area THA T LOU is in , cant find it right now. HOWEVER, lots of unknown companies which might be on the list to acquire. THEIR is now info on them, private. ALSO, lou is drilling a lots of wells, which will give them instant cash, less then 3 months return. VERY NICE. THE cash they have on hand and available to them gives them lots of options. MGTM. has only been at the reins since the  beginning  2022 year, not a long period of time. to make a difference. Their focus right now is production, period. BUY PRODUCTION AND OR DRILL. Infrastructure is in place, prolific  area, lots of cash, seasoned MGMT. ERIC holding on the shares, stock is still VERY LOW, OIL prices stable, LOAD ER UP BABY.
Comment by Bennys65 on Jul 28, 2022 7:23am
Going to their news release for the first quarter they brought on .5 wells which was drilled in 2021.Spent 11 million on cap ex for facilities and no drilling.That tells me they are keeping production flat and paying down debt.It will also help with th decline rate.Plan is to drill 6.5 wells by year end.All of this points to righting the ship and getting it ready for the next phase.By year end our ...more  
Comment by tinkvid on Jul 28, 2022 10:37am
They either driled or Recompleted Sacagawea and now onto LAVERENDRYE. Just sitting patiently on this one but will take profits when the opportunity presents itself..... Fort Berthold Reservation is the primo area.
Comment by Bennys65 on Jul 28, 2022 11:52am
Thanks tink
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities