Key Takeaways The Lucero acquisition is expected to boost dividends, improve the balance sheet, and positively impact earnings and revenue. Strategic focus on hedging and new well completions aims to stabilize revenue and support profitability amidst commodity price swings.Read more
Vitesse Energy, Inc., together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. The company acquires and owns non-operated working interest and royalty interest ownership in the Williston Basin properties covering 47,840 net acres located in North Dakota and Montana. It also owns non-operated interests in the Central Rockies properties located in Colorado and Wyoming. The company was founded in 2014 and is based in Greenwood Village, Colorado.
