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Turning underachieving assets into profitable, producing wells. Lycos is an exploration, development and production company taking a bold and disruptive approach to the acquisition and development of overlooked, oil-weighted assets that can offer growth with compelling returns.
Lycos is an exploration, development and production company led by a team of technically experienced professionals taking a bold and disruptive approach to capture and capitalize on opportunities others have bypassed. We target oil-weighted assets that are underexploited or undercapitalized and offer opportunities for growth.
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While focusing on the efficient, cost-effective and responsible exploitation of our assets, Lycos is also committed to establishing market credibility and accountability while carving a clear path for the return of capital to shareholders.
Real-time Price Updates for Lycos Energy Inc (LCX-X), along with buy or sell indicators, analysis, charts, historical performance, news and more.
Find the latest Lycos Energy Inc. (LCX.V) stock quote, history, news and other vital information to help you with your stock trading and investing.
Sep 13, 2023 · Summary of the Acquisition. Pursuant to the terms of the Acquisition Agreement, the Company will acquire DCEL for total consideration, prior to adjustments, of $22.5 million, consisting of $12.5 million in cash and 2.8 million Lycos Shares at a deemed price of $3.55 per Lycos Share.
Lycos Energy Inc., a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the...
Mar 1, 2023 · Acquisition Overview. Lycos completed the Acquisition (2) on February 28, 2023 for a purchase price consisting of $50.0 million in cash and the grant of a 3% gross overriding royalty to the...
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