Lycos Energy
Highly Engaged Employees
Energy, Utilities & Waste · Canada · 11-50 Employees
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Overview
Headquarters
215 2nd St SW Ste 1900, Calgary, Alberta...Website
www.lycosenergy.comRevenue
<$5 MillionIndustry
About Lycos Energy
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Lycos Energy Tech Stack
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Lycos Energy News & Media
Lycos Energy Inc. Announces Increase to Credit Facility
Calgary, Alberta--(Newsfile Corp. - December 4, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce that it has entered into an amending agreement with the National Bank of Canada to increase its existing revolving credit facility from $35.0 million to $50.0 million. The credit facility provides added financial flexibility to support the Company's growth.About LycosLycos is an oil-focused, exploration, development and production company based in Calgary,...Lycos Energy Inc. Announces Q3 2023 Financial Results, Land Acquisition and Director Retirement
Calgary, Alberta--(Newsfile Corp. - November 22, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2023. Selected financial and operating information is outlined below and should be read with Lycos' unaudited condensed interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2023...Lycos Energy Inc. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - October 31, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce that as a part of the Company's long term incentive program, and pursuant to the terms and conditions of its stock option plan, the Company granted 1,365,000 stock options to certain directors and officers effective as of October 30, 2023. The options expire five years from the date of the grant and are exercisableLycos Energy Inc. Announces Closing of Previously Announced Durham Creek Exploration Ltd. Acquisition, $35.0 Million Equity Financing and Recent Drilling Results
Calgary, Alberta--(Newsfile Corp. - October 16, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to advise that it has closed the previously announced acquisition (the "Acquisition") of Durham Creek Exploration Ltd. ("DCEL"), a privately held, heavy oil producer. Lycos acquired all of the issued and outstanding common shares of DCEL for total consideration of $22.5 million, consisting of $12.5 million in cash and 2,816,907 common shares of Lycos ("Lycos Shares")
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Frequently Asked Questions Regarding Lycos Energy
Lycos Energy is an exploration, development, and production company focused on acquiring and developing overlooked, oil-weighted assets to generate growth and compelling returns. The company employs a bold and disruptive approach, aiming to turn underachieving assets into profitable, producing wells. With a commitment to sustainability and corporat... Read More