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Samoth Oilfield ( (TSE:LCX) ) has shared an announcement.
Lycos Energy Inc. has announced its 2024 year-end reserves evaluation, showcasing significant growth in reserve volumes and asset value. The company reported increases in Proved Developed Producing reserves and Proved plus Probable Developed Producing reserves, with a notable rise in Total Proved and Total Proved plus Probable Net Asset Value per share. This strategic move, including a comprehensive review process, aims to enhance shareholder value and strengthen Lycos’s market position.
More about Samoth Oilfield
YTD Price Performance: -14.07%
Average Trading Volume: 79,815
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$123.5M
Find detailed analytics on LCX stock on TipRanks’ Stock Analysis page.