PriceSensitive

Leucrotta Exploration (TSXV:LXE) provides update on business plan

Energy, Sponsored, The Watchlist
TSXV:LXE
17 March 2022 13:00 (EDT)

This browser does not support the video element.

Leucrotta Exploration (LXE) has previously announced its goal to reach 30,000 boepd within a five-year time frame.

The company’s business plan includes a 10-year gas processing agreement with NorthRiver Midstream, up to $55 million of capital funding to construct a battery facility at Mica, expansion of the Mica Project into Alberta, and the commencement of a drilling program in Alberta.

CEO Rob Zakresky sat down with Shoran Devi to discuss the company’s business plan.

Leucrotta Exploration Inc is an oil and natural gas company engaged in the exploration and production of oil and natural gas reserves in northeastern British Columbia.

Leucrotta Exploration Inc. (LXE) opened trading at C$0.98 per share.

Related News