Lotus Creek Exploration Inc., spun off from Gear Energy, targets high growth in light oil and rich gas. LTCEF stock trades with very low liquidity, requiring patient limit order execution and a long-term mindset. The company benefits from experienced leadership, notably Don Gray, which mitigates typical small-cap risks.
Lotus Creek Exploration is a recent Canadian oil spin-off that insiders have bought 6.3% of on the public market, now at a production inflection point. LTC's Wilson Creek asset offers exceptional IRR potential (100%+), with recent wells producing 800–1,000 boe/d and seismic confirming 30+ new drilling locations. The company trades below NPV-10 even at $60 WTI, with further upside from waterflooding, undeveloped acreage, and potential oil price increases.