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Lotus Creek Exploration, Inc. ( (TSE:LTC) ) just unveiled an update.
Lotus Creek Exploration Inc. has announced the arrival of a drilling rig at Wilson Creek, Alberta, to commence its Belly River capital program, with plans to drill four light oil wells by the end of 2025. Additionally, the company has completed its heavy oil capital program at Tucker Lake and is awaiting approval for a multi-well battery facility license, which will enhance its operational capacity and market positioning.
More about Lotus Creek Exploration, Inc.
Lotus Creek Exploration Inc. operates in the oil and gas industry, focusing on exploration and production activities. The company is engaged in drilling and developing light oil and heavy oil wells in Alberta, Canada, with a market focus on increasing production capacity and efficiency.
Average Trading Volume: 64,982
For a thorough assessment of LTC stock, go to TipRanks’ Stock Analysis page.