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Lafayette Energy Filed Terms, Nasdaq: LEC

Oil and gas E&P operating in Utah and Louisiana.

Industry: Energy

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Industry: Energy

We are an oil and gas exploration and production company headquartered in Lehi, Utah. The Company was incorporated on February 7, 2022 under the laws of Delaware, with the goal of acquiring, funding and developing, primarily natural gas exploration and development. The Company plans to initially focus its attention on certain oil and gas assets located in Eastern Utah, pursuant to the Asphalt Ridge Option (defined and discussed below), and use anticipated cash flow from those operations to fund development of the Imperial Parish Fields (defined and discussed below). We currently hold options to lease an additional approximately 960 acres in the Uinta Basin, Utah and options to purchase leases covering approximately 1,487 gross mineral acres in Imperial Parish, Louisiana, and options. We have no revenue-generating operations as of the date of this prospectus and will need to raise funding to exercise our lease options and complete successful oil and gas exploration and development activities before we can generate revenues.
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IPO Data
IPO File Date 12/29/2023
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 1.2
Deal Size ($mm) $5
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 1.2
Deal Size ($mm) $5
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Spartan Capital Securities
Company Data
Headquarters Lehi, UT, United States
Founded 2022
Employees 2
Website www.lafayetteenergycorp.com

Lafayette Energy (LEC) Performance