Leucrotta Exploration Inc. announces that Kelvin Johnston has made the decision to resign from the Board of Directors due to an increased commitment that has arisen with respect to Mr. Johnston's other business interests. Leucrotta would like to express its gratitude to Mr. Johnston for his contributions to the Company over his 6 year tenure and [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2020. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended September 30 Nine Months Ended September 30 2020 2019 % Change 2020 2019 % Change Oil and natural gas sales [...]
Leucrotta Exploration Inc. announces that its board of directors approved the granting of incentive stock options under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 5,465,000 common shares of the Corporation and the granting of Options to certain of its employees and consultants to acquire up to an [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three and six months ended June 30, 2020. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased production to 3,797 boe/d in Q2 2020 from 3,119 boe/d in Q2 2019 . Disposed of certain non-core facility assets for cash proceeds [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three months ended March 31, 2020. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Drilled, completed and tied-in a second Montney well at Two Rivers. Completed construction of the Two Rivers facility and commenced production of [...]
Leucrotta Exploration Inc. is pleased to announce its 2019 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd. effective December 31, 2019 , in accordance with National Instrument 51-101 and the Canadian Oil and Gas Evaluation Handbook. All dollar figures are Canadian dollars unless otherwise noted. 2019 Highlights During [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three months and year ended December 31, 2019. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended December 31 Year Ended December 31 2019 2018 % Change 2019 2018 % Change Oil and natural gas sales 6,870 [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Achieved adjusted funds flow of $1.8 million in Q3 2019. Maintained production at 3,065 boe/d in Q3 2019 from 3,119 boe/d in Q2 2019 [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three and six months ended June 30, 2019. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Achieved adjusted funds flow of $2.0 million in Q2 2019. Maintained production at 3,119 boe/d in Q2 2019 from 3,166 boe/d in Q1 2019 [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three months ended March 31, 2019. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Achieved net earnings of $2.7 million and adjusted funds flow of $4.1 million. Maintained production at 3,166 boe/d from 3,202 boe/d in Q4 2018 [...]
Leucrotta Exploration Inc. is pleased to announce that it has entered into an agreement to acquire certain infrastructure including a battery, compression, water injection and pipelines in the Two Rivers area of British Columbia that are in the immediate vicinity of Leucrotta's previously drilled A10-08 Upper Montney light oil well. Minor repairs [...]
Leucrotta Exploration Inc. is pleased to announce the following update: Leucrotta drilled and completed an Upper Montney horizontal multi-frac well at 8-22-81-14W6 in the Mica area of north east British Columbia. The well was considered a major step-out given it was approximately 7.5 miles from the closest producing horizontal Upper Montney well [...]