Gear Energy

Lycos Energy is a dynamic company located in Lloydminster, Alberta, known for its forward-thinking approach in the energy sector. As of October 1, 2024, the company has been connected to Tourmaline Oil Corp. through the acquisition of Crew Energy Inc., signaling a significant strategic move in the industry. Additionally, Lycos Energy emphasizes transparency and compliance, as demonstrated by its publication of ESTMA reports from 2019 to 2023, as well as its commitment to ethical practices, highlighted in its 2023 Modern Slavery Report. These efforts reflect the company's dedication to corporate responsibility while navigating a competitive market. Generated from the website

Baytex Energy Ltd. is a notable player in the oil and gas industry, with a strong presence in heavy oil operations across Lloydminster, Saskatchewan, where they have been active since 1993. The company's portfolio includes both primary and thermal production techniques, leveraging advanced multi-lateral horizontal drilling to achieve robust capital efficiencies and economic performance. In the first quarter of 2023, Baytex produced an average of 11,900 barrels of oil equivalent per day across its extensive land holdings, which encompass 516 net sections in the area. The company anticipates bringing 30 new net wells into production in 2023 to further enhance its operational capacity. Generated from the website