Lotus Creek Reports Record Q3 Production and Raises 2026 Guidance
Lotus Creek reported Q3 2026 production of 4,157 boe per day, up from 1,425 boe per day a year earlier. It raised its 2026 average production guidance to 3,900–4,300 boe per day and set Q4 guidance at 5,100–5,500 boe per day.
Lotus Creek Exploration Inc. announced its third-quarter 2026 operating results, reporting adjusted funds from operations of $12.9 million and net income of $2.0 million. The company achieved record quarterly production of 4,157 boe per day, a significant increase from the 1,425 boe per day reported in the third quarter of 2025. Driven by strong drilling performance, Lotus Creek raised its 2026 annual average production guidance to a range of 3,900 to 4,300 boe per day.
Additionally, the company provided updated fourth-quarter average production guidance of 5,100 to 5,500 boe per day. As of September 30, 2026, the company reported $8.6 million drawn on its credit facilities and a net debt to quarterly funds from operations ratio of 0.2 times.