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Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

LUCERO ENERGY CORP. ANNOUNCES 2024 CAPITAL BUDGET AND PRODUCTION GUIDANCE

Newswire.ca - Thu Dec 14, 2023

Unless otherwise noted, all monetary amounts in this news release are stated in Canadian dollars.

CALGARY, AB, Dec. 14, 2023 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce that the Company's Board of Directors has approved a 2024 capital budget1 of US$65 million (approximately C$88 million). Lucero's strategic objectives associated with the 2024 capital budget align with the Company's long-term objectives of achieving disciplined per share growth while maintaining financial flexibility.

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