Lotus Creek sells Saskatchewan assets for $13M to repay debt, extends credit facility to 2028.

Lotus Creek Exploration has sold its non-core assets in Tableland, Saskatchewan for $13 million. These assets produced about 300 barrels of oil equivalent per day in March 2026. The company plans to use the proceeds to pay down debt and recently extended its credit facility maturity to May 2028 with no change to its borrowing base. An update on Q1 2026 financial results will be provided on April 27, 2026.