Lycos Energy Inc. News Releases

Lycos Energy Inc. Announces Q2 2026 Results and Operations Update

Tue, 11 Aug 2026 16:02:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 11, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2026. 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 six months ended June 30, 2026 and 2025, copies...

Lycos Energy Inc. Announces Closing of Previously Announced Strategic Acquisition of Sparky Waterflood Assets, $34.5 Million Equity Financing and Expanded Credit Facility

Thu, 06 Aug 2026 09:38:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 6, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce the closing of its previously announced acquisition of high netback assets under waterflood targeting the Sparky formation in the Greater Provost area of Alberta for cash consideration of $70.0 million, prior to closing adjustments (the "Acquisition").Lycos is also pleased to announce the closing of the previously announced bought deal equity financing, including...

Lycos Energy Inc. Announces Filing of Short Form Prospectus

Fri, 31 Jul 2026 18:13:00 -0400

THE PROSPECTUS IS ACCESSIBLE THROUGH SEDAR+Calgary, Alberta--(Newsfile Corp. - July 31, 2026) - Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce that it has filed and been receipted for a final short form prospectus (the "Prospectus") with the securities regulatory authorities in each of the Provinces of Canada, other than Québec, in connection with a bought-deal prospectus offering (the "Offering") of common shares of the Company for aggregate gross proceeds of...

Lycos Energy Inc. Announces Strategic Acquisition of Sparky Waterflood Assets, $30.0 Million Equity Financing, Expanded Credit Facility, Operations Update and Increased 2026 Guidance

Mon, 20 Jul 2026 17:06:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 20, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce that it has entered into a definitive agreement today to acquire high netback assets under waterflood targeting the Sparky formation in the Greater Provost area of Alberta (the "Assets") for cash consideration of $70.0 million, prior to closing adjustments, with an effective date of June 1, 2026 (the "Acquisition"). The Acquisition will be funded through a $30.0...

Lycos Energy Inc. Announces Q1 2026 Results and Operations Update

Tue, 26 May 2026 16:05:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 26, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three months ended March 31, 2026. 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 months ended March 31, 2026, copies of which are available on...

Lycos Energy Inc. Announces Initial Results from Moonshine Well, 2026 Capital Budget and Appointment to Board of Directors

Wed, 22 Apr 2026 17:06:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 22, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide an operational update on its recently drilled Moonshine well in East Central Alberta and outline its 2026 capital budget.2026 Capital BudgetLycos has approved 2026 capital expenditures(1) of $35 million to $40 million, focused on the continued development of its Mannville heavy oil assets in East Central, Alberta. The program is expected to support the drilling of...

Lycos Energy Inc. Announces 2025 Results

Wed, 08 Apr 2026 18:34:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 8, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three months and year ended December 31, 2025. Selected financial and operating information is outlined below and should be read with Lycos' audited annual consolidated financial statements, related management's discussion and analysis ("MD&A") for the three months and year ended December 31, 2025, and annual information...

Lycos Energy Inc. Announces Closing of Business Combination with Mahikan Oil Corp. and Equity Financing

Mon, 30 Mar 2026 16:02:00 -0400

Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce the successful closing today of its previously announced strategic business combination with Mahikan Oil Corporation ("Mahikan") (the "Transaction") and fully-subscribed equity financing (the "Offering").Closing of Strategic Business CombinationLycos has acquired all the issued and outstanding common shares of Mahikan in an all-share transaction.Under the terms of...

Lycos Energy Inc. Announces Strategic Business Combination with Mahikan Oil Corporation and $30.0 Million Equity Offering

Fri, 06 Mar 2026 14:48:00 -0500

Calgary, Alberta--(Newsfile Corp. - March 6, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") on March 6, 2026 with Mahikan Oil Corporation ("Mahikan"), a privately-held, arm's length, heavy oil producer, to complete a strategic business combination in an all-share transaction (the "Combination"). Lycos is also pleased to announce a concurrent equity financing to be offered on a non-brokered...

Lycos Energy Inc. Announces 2025 Reserves

Thu, 26 Feb 2026 19:28:00 -0500

Calgary, Alberta--(Newsfile Corp. - February 26, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide the results of its independent reserves evaluation as at December 31, 2025, prepared by McDaniel & Associates Consultants Ltd. ("McDaniel").2025 Overview – Portfolio Rationalization YearDuring 2025, Lycos executed a strategic monetization of certain heavy oil assets, while retaining its legacy heavy oil properties. The Company completed multiple asset...