- CEO
- Kevin Johnson
- Full Time Employees
- 16
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- 520 5th Avenue SW Calgary AB Canada T2P 3R7
- IPO Date
- Feb 11, 2025
- Business
- Lotus Creek Exploration Inc. is a Canadian junior oil and gas exploration and production company focused on light oil development and production, with operations in Central Alberta and Cold Lake, Alberta, and production history in Alberta and Saskatchewan. Founded in 2025 and headquartered in Calgary, Alberta, the company seeks to deliver profitable organic growth through the development of its core asset base, with a business model centered on light sweet oil production, reserves growth, and per-share value creation. Its core assets include the Wilson Creek light oil area in Central Alberta and the Tucker Lake oil sands lease position, with emphasis on Belly River and Mannville prospects, including stacked reservoir zones, horizontal well locations, and multi-lateral development opportunities. The company’s products and services consist of crude oil, natural gas liquids and natural gas production; oil and gas exploration and development; drilling and completion programs; battery and field infrastructure; and reserve and production optimization activities. Recent company developments include the September 2026 Wilson Creek development program update and stock option grant; the September 2026 Wilson Creek operational update; the August 2026 second-quarter operating results; the April 2026 non-core asset disposition in Tableland, Saskatchewan for $13.0 million; and the company’s expanded 2026 capital program and guidance following that sale. In 2025, Lotus Creek commenced commercial operations following a transformative plan of arrangement involving Gear Energy Ltd., and it continues to pursue disciplined, fully funded growth across its Canadian asset base.