Lotus Creek Exploration swings to Q3 2026 net profit of CAD 1.99 million from year-earlier loss
Bitget2026/11/05 00:04- Lotus Creek Exploration’s third-quarter 2026 adjusted funds from operations rose year over year to CAD 12.89 million, its highest since inception.
- Quarterly production more than doubled from a year earlier to 4,157 barrels of oil equivalent per day.
- Infrastructure expansion planned for 2027 will support continued development toward the 10,000-boe-per-day production objective.
- Revised 2026 production guidance increased to 3,900–4,300 boe per day, with fourth-quarter guidance raised to 5,100–5,500 boe per day.
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