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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 > Well........could be the sneakiest buy in HO
View:
Post by Hammerbrl on Aug 03, 2023 11:45am

Well........could be the sneakiest buy in HO

The US SPR is at an alltime low.  They need more heavy oil and LOU is in the USA.  I would not be surprized, given the bonuses in June, to see this bought out within the next 90 days.  Heavy Oil has never looked so good!
Comment by bdeparde on Aug 03, 2023 6:42pm
LOU is bakken light oil, they produce zero heavy. Q2 earnings mentioned they picked up 200 barrel a day acquisitions for a 6 million.
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