Lucero Energy Corp. (PSHIF) Research
Lucero Energy Corp. functions as an independent oil company, primarily focused on the acquisition, development, and production of oil-weighted properties. Its core operations are concentrated within the Bakken and Three Forks shale formations located in North Dakota's Williston Basin. The company's asset portfolio encompasses holdings in the Middle Bakken and the various benches of the Three Forks formation (One, Two, Three, and Four), alongside positions in the Pronghorn/Sanish and Lodgepole areas. As of the end of 2021, specifically December 31st, Lucero reported estimated total proved plus probable reserves amounting to approximately 72.0 million barrels of oil equivalent. Established in 1994, the company is headquartered in Calgary, Canada. It officially adopted the name Lucero Energy Corp. in May 2022, having previously been known as PetroShale Inc.
Market snapshot
- Symbol
- PSHIF
- Price
- $0.27
- Day change
- -2.88%
- Market cap
- $267.8M
- P/E ratio
- 4.66x
- 52-week range
- 0.27-0.61
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
Peer companies
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