Lycos Energy Inc. is an oil-focused, exploration, development, and production company. The Company is engaged in the exploration and development of petroleum and natural gas production in western Canada. The Company is engaged in operating heavy oil development assets in the Gull Lake area of southwest Saskatchewan and heavy oil assets in the Lloydminster area. The Company also owns approximately 12,335 net acres of Wyatt land, including over 20 net drilling locations, which has a production of about 400 barrels of oil equivalent per day (boe/d). Its acquisition focus is primarily in the Lloydminster area. In addition, the Company retains low-decline, long-life producing assets in the Gull Lake/Swift Current area in Southwest Saskatchewan.
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