Samoth Oilfield (TSE:LCX) has released an update.
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Lycos Energy Inc. reports a significant upturn in financial and operational performance for Q2 2024, with a 60% increase in production and a 157% boost in adjusted funds flow from operations. The company saw a record operating netback of $46.79 per boe, indicating strong profitability amid rising production figures.
For further insights into TSE:LCX stock, check out TipRanks’ Stock Analysis page.
