Lotus Creek Exploration Inc. Announces Non-Core Asset Disposition and Completion of the Borrowing Base Review
Lotus Creek Exploration sold its non-core Tableland Assets for $13.0 million, which produced an average of 300 boe/d in March 2026. The company intends to use the proceeds to repay debt outstanding under its credit facilities.
Key figures
- Boe per day sold
- 300
- Borrowing base maturity
- May 31, 2028
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