Lotus Creek Exploration Inc.

Gear Energy Ltd. is an oil focused publicly traded exploration and production company headquartered in Calgary, Alberta. The mandate of the Gear team is to grow funds from operations, production, reserves and asset value through a balanced model of exploration, development, and strategic acquisitions.

Recent News

Lotus Creek Exploration Inc. Announces December Monthly Report to Shareholders

Calgary, Alberta--(Newsfile Corp. - December 22, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the December Monthly Report to Shareholders has been posted to the Company's website and can be accessed via the following link: Monthly Report - December 2025 FOR FURTHER INFORMATION PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8463 Email: info@lotuscreek.ca Website:

2025-12-22 8:00 AM EST

Lotus Creek Exploration Inc. Announces 2026 Budget and Guidance

Calgary, Alberta--(Newsfile Corp. - December 10, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to provide the Company's 2026 budget and guidance to shareholders. 2026 APPROVED FISCAL BUDGET AND GUIDANCE The Board of Directors of the Company has approved a 2026 budget (the "2026 Budget") of $42.0 million that is expected to deliver 75% annual production growth with forecast average production for the fourth quarter of 2026 of 4,000 boe per day....

2025-12-10 4:45 PM EST

Lotus Creek Exploration Inc. Announces Inaugural Monthly Report to Shareholders and a New Corporate Presentation

Calgary, Alberta--(Newsfile Corp. - December 1, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the inaugural Monthly Report to Shareholders and a new Corporate Presentation have been posted to the Company's website. MONTHLY REPORT Lotus Creek is excited to announce the new Monthly Report to Shareholders, designed to keep shareholders informed of Lotus Creek's operational and financial momentum. Monthly, Lotus Creek will publish...

2025-12-01 8:00 AM EST

Lotus Creek Exploration Inc. Announces Third Quarter 2025 Operating Results and Operational Update

Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to provide the following third quarter operating results and operational update to shareholders. Lotus Creek's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2025 are available for review on Lotus Creek's website at www.lotuscreek.ca and on Lotus Creek's SEDAR+...

2025-11-06 6:25 PM EST

Lotus Creek Exploration Inc. Announces Stock Option Grant

Calgary, Alberta--(Newsfile Corp. - August 11, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") announces that pursuant to the terms and conditions of the Company's stock option plan, the Lotus Creek Board of Directors has approved the grant of 224,000 stock options to Mitchell Harris associated with his appointment to Vice President, Finance and Chief Financial Officer, effective August 6, 2025. The stock options expire 30 business days following the date of...

2025-08-11 9:50 PM EDT

Lotus Creek Exploration Inc. Announces Second Quarter 2025 Operating Results and Appointment of Chief Financial Officer

Calgary, Alberta--(Newsfile Corp. - August 6, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to provide the following second quarter operating results to shareholders. Lotus Creek's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2025 are available for review on Lotus Creek's website at www.lotuscreek.ca and on Lotus Creek's SEDAR+ profile at www.sedarplus.ca....

2025-08-06 5:25 PM EDT

Lotus Creek Exploration Inc. Provides an Operations Update and Announces a New Corporate Presentation

Calgary, Alberta--(Newsfile Corp. - July 15, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) is pleased to provide an operations update and announce a new Corporate Presentation has been posted to the website. OPERATIONS UPDATE Wilson Creek, Central Alberta Lotus Creek is pleased to announce that Savanna's 689 drilling rig has arrived in Wilson Creek to commence drilling its inaugural Belly River capital program. During the first quarter of 2025, the Company...

2025-07-15 8:00 AM EDT

Lotus Creek Exploration Inc. Announces First Quarter 2025 Operating Results

Calgary, Alberta--(Newsfile Corp. - May 14, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) is pleased to provide the following first quarter operating results to shareholders. Lotus Creek's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2025 are available for review on Lotus Creek's website at www.lotuscreek.ca and on www.sedarplus.ca. QUARTERLY HIGHLIGHTS On February 5,...

2025-05-14 5:08 PM EDT

Lotus Creek Exploration Inc. Announces Stock Option Grant

Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company")announces that as pursuant to the Company's terms and conditions of its stock option plan, the Lotus Creek Board of Directors has approved the grant of 1,667,553 stock options to certain Directors and Officers. The stock options expire 30 business days following the date of vesting of the grant and are exercisable at a price of $1.34 per common share. The stock options...

2025-03-06 8:00 AM EST

Lotus Creek Exploration Inc. Announces Chief Financial Officer Retirement and Appointment of Interim Chief Financial Officer

Calgary, Alberta--(Newsfile Corp. - March 3, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) announces that David Hwang has retired from his role as Vice-President, Finance and Chief Financial Officer ("CFO") of the Company effective February 28, 2025. The Company is also pleased to announce that Mitchell Harris, who is currently the Controller of the Company, will assume the role of Interim CFO effective immediately. Mr. Hwang has served as the CFO of the...

2025-03-03 8:00 AM EST

Lotus Creek Exploration Inc. Announces Listing on TSX Venture Exchange

Calgary, Alberta--(Newsfile Corp. - February 11, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange (the "TSXV") to list the common shares of Lotus Creek (the "Lotus Creek Shares") on the TSXV as a Tier 1 Oil and Gas Issuer. Trading in respect of the Lotus Creek Shares will commence at market open on February 11, 2025, under the symbol "LTC". There are 40,000,000 Lotus Creek...

2025-02-11 8:01 AM EST

Gear Energy Ltd. Announces Completion of Previously Announced Plan of Arrangement and Transfer of Assets to Newly Formed Lotus Creek Exploration Inc.

Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") and Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek") are pleased to announce the completion of the acquisition by a large publicly traded company of all of the outstanding common shares of Gear (the "Gear Shares") pursuant to its previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Arrangement") including...

2025-02-05 9:53 AM EST

Gear Energy Ltd. Announces Shareholder Approval for Plan of Arrangement

Calgary, Alberta--(Newsfile Corp. - February 3, 2025) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that today at its special meeting (the "Meeting") of the holders (the "Gear Shareholders") of common shares of Gear (the "Gear Shares"), the Gear Shareholders passed a special resolution (the "Arrangement Resolution") approving a plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Arrangement"), pursuant to which...

2025-02-03 2:08 PM EST

Gear Energy Ltd. Reiterates Voting Instructions for Shareholder Meeting and Announces Leading Proxy Advisor Recommends Voting for Arrangement

Calgary, Alberta--(Newsfile Corp. - January 27, 2025) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) reiterates instructions to shareholders of Gear (the "Gear Shareholders") on how to vote their Gear common shares (the "Gear Shares") for the previously announced plan of arrangement (the "Arrangement"), pursuant to which a large publicly traded company will acquire Gear, including all of its heavy oil assets (other than its Tucker Lake property) for $110 million in...

2025-01-27 8:00 AM EST

Gear Energy Ltd. Announces New Corporate Presentation to Shareholders

Calgary, Alberta--(Newsfile Corp. - January 23, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation is available to shareholders and can be accessed via the following link January 2025 Corporate Presentation. In addition, Kevin Johnson, President & CEO, has prepared a recorded video of this presentation that is intended to provide additional value to shareholders. This video can be accessed via the following link Corporate Presentation...

2025-01-23 3:17 AM EST

Gear Energy Ltd. Announces Name of Spin-Out Company, 2025 Budget, Updated Reserves and Shareholder Meeting Details

Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - As previously announced by Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company"), the Company has entered into an arrangement agreement pursuant to which a large publicly traded company will acquire Gear including its heavy oil assets for $110 million in cash (subject to adjustments) and Gear will transfer its Central Alberta assets, Southeast Saskatchewan assets and, Tucker Lake property to a newly formed entity...

2024-12-18 6:29 PM EST

Gear Energy Ltd. Announces New Corporate Presentation to Shareholders

Calgary, Alberta--(Newsfile Corp. - December 10, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation with additional details on the December 2, 2024 arrangement agreement (the "Agreement") is available to shareholders and can be accessed via the following link: Corporate Presentation. Further details on the Agreement, including a 2025 budget and guidance and 2024 reserves, will be provided later in December. FOR FURTHER INFORMATION...

2024-12-10 8:00 AM EST

Gear Energy Ltd. Announces a Transformative Transaction Providing Shareholders with Liquidity and Retained Ownership in a New Growth Focused Oil Company and Monthly Dividend

Calgary, Alberta--(Newsfile Corp. - December 2, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company"), is pleased to announce that it has entered into an arrangement agreement (the "Agreement") with a large publicly traded company (the "Purchaser") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of Gear (the "Gear Shares"), excluding its Central Alberta, Southeast Saskatchewan, and Tucker Lake properties (collectively, the...

2024-12-02 7:00 AM EST

Gear Energy Ltd. Announces Third Quarter 2024 Operating Results

Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca.

2024-11-07 5:06 PM EST

Gear Energy Ltd. Confirms Monthly Dividend for November of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - November 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the November 2024 monthly dividend of $0.005 per common share is to be paid on November 29, 2024, to shareholders of record on November 15, 2024. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8463 David Hwang Vice President Finance & CFO...

2024-11-01 8:01 AM EDT

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