Lucero is a pure-play North Dakota Bakken / Three Forks producer focused on top-tier acreage quality, and targeting the acquisition, development and production of oil and natural gas assets.
Lucero (or PetroShale (US) Inc.) provides exposure to a focused land base within the core of the Bakken, which offers significant multi-zone oil development opportunities. We employ a proven and repeatable strategy to generate value and develop the play with a consistent approach throughout the cycle.
In January, 2022, we announced a new management team and board member, and an oversubscribed $54.5 million equity financing designed to recapitalize the Company. Read more in our press release.
Estimated Next Earnings Release Date
Q1 2023 – May 9, 2023 – After Market
* Earnings dates may be subject to change
Strategy to acquire and develop tier one leases in the core of the prolific Williston Basin, where the Bakken / Three Forks resource is the most intense with stacked pay zones, offering compelling economic returns. Our new management team has a strong track record of disciplined operating and consolidating success in the Williston Basin.
A Strong Commitment to ESG Principles
Lucero is committed to upholding the highest standard of corporate responsibility. Our approach to doing business is centered around sustainability, the environment, and both accountability and commitment with all stakeholders.