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Last updated on April 25, 2014 at 5:24 EDT

Latest Lexaria Corp. Stories

2013-02-19 08:25:15

KELOWNA, British Columbia, Feb. 19, 2013 /PRNewswire/ -- Lexaria Corp. (OTCQB: LXRP) (the "Company" or "Lexaria") announces its highest levels ever, for oil production for the fiscal year ending October 31, 2012. Oil production, NET to the Company, at the Belmont Lake oil field located in Mississippi, was 17,540 barrels (approximately 47,217 gross field barrels) compared to 16,900 net barrels one year earlier. During the Company's first quarter ending January 31, 2013, gross field production...

2013-02-13 16:22:55

KELOWNA, British Columbia, Feb. 13, 2013 /PRNewswire/ -- Lexaria Corp. (the "Company" or "Lexaria") (OTCQB: LXRP) (CNSX:LXX) is pleased to announce continued growth in revenues and gross profit in the year ending October 31, 2012, as compared to previous years. The Company improved its 2012 performance compared to 2011 and 2010: Revenue increased 20% to $1,357,762 in 2012 from $1,133,766 in 2011, and $362,471 in 2010. Gross Profit increased 23% to $574,494 in 2012 from $465,911 in 2011,...

2012-10-10 07:22:47

VANCOUVER, British Columbia, Oct. 10, 2012 /PRNewswire/ -- Lexaria Corp (LXRP-OTCQB) (LXX-CNSX) (the "Company" or "Lexaria") is pleased to report that it will deliver record-high oil production and revenue in the fiscal year that will end October 31, 2012. The Belmont Lake oil field has produced ~43,742 barrels of oil from November 1, 2011, to October 8, 2012. For the 2012 fiscal year ending Oct 31, 2012, Lexaria expects the field to produce over 47,000 barrels. This exceeds the ~42,890...

2012-08-09 02:23:46

VANCOUVER, B.C., Aug. 9, 2012 /PRNewswire/ -- Lexaria Corp (OTCQB : LXRP) (CNSX : LXX) (the "Company" or "Lexaria") reports that the Belmont Lake Oil Field continues to perform strongly, producing 8,114 barrels of oil for the month of July. For the month of July 2012, the four oil wells at Belmont Lake together produced an average of 261.7 barrels per day, compared to 282.5 barrels per day in the month of June. "These past two months have delivered the highest oil production rates ever,...

2012-07-11 02:22:43

VANCOUVER, B.C., July 11, 2012 /PRNewswire/ -- Lexaria Corp (OTCQB: LXRP) (CNSX: LXX) (the "Company" or "Lexaria") is pleased to report the Belmont Lake Oil Field achieved record-high oil production during the month of June that was a material increase from any previous month. For the month of June 2012, the four oil wells at Belmont Lake together produced 8,755 barrels of oil, for an average of 282.5 barrels per day. Lexaria has current average production in excess of 105 b/d, net to...

2012-06-27 02:22:32

VANCOUVER, British Columbia, June 27, 2012 /PRNewswire/ -- Lexaria Corp (OTCQB: LXRP) (CNSX: LXX) (the "Company" or "Lexaria") is pleased to announce that the 12-1 and 12-3 wells have now been producing for more than 30 days and have exceeded expectations. During the first 30 days of production since the well workovers, the wells have produced as follows: 12-1 Well 12-3 Well --------- --------- Barrels of...

2012-06-01 02:21:11

VANCOUVER, British Columbia, June 1, 2012 /PRNewswire/ -- Lexaria Corp. (OTCQB: LXRP) (CNSX: LXX) (the "Company" or "Lexaria") is pleased to announce that the earlier-announced workovers on the 12-1 and 12-3 wells have been completed on schedule, and the Company has resumed oil production from these two wells. Lexaria is pleased that the new oil production rates are higher than expected, and in the case of the 12-1 well, the latest production rates are higher than those of the Initial...

2012-05-08 02:22:45

VANCOUVER, British Columbia, May 8, 2012 /PRNewswire/ -- Lexaria Corp (LXRP-OTCQB) (LXX-CNSX) (the "Company" or "Lexaria") is pleased to announce that a rig is on-site at the Belmont Lake Oilfield to perform workovers on the 12-1 and 12-3 wells. Fortunately, the Mississippi River has fallen below flood-stage earlier this spring than it has during the last several years, and as a result field access has already been achieved - nearly three months earlier than last year. These were the...

2012-01-31 07:23:00

KELOWNA, British Columbia, Jan. 31, 2012 /PRNewswire/ -- Lexaria Corp. (OTCQB: LXRP) (CNSX: LXX) (the "Company" or "Lexaria") is pleased to announce that it has achieved an increase in annual revenue of 213% in the year ending October 31, 2011, as compared to the previous year. Lexaria believes this performance is a good indication of the potential of its Mississippi operations which can deliver additional growth through both proven reserve development, and potentially through exploration...

2012-01-19 07:32:00

KELOWNA, British Columbia, Jan. 19, 2012 /PRNewswire/ -- Lexaria Corp. (OTCQB: LXRP) (the "Company" or "Lexaria") announces, for the second consecutive year, a significant increase in proved oil reserves at the Belmont Lake oil field located in Mississippi. Compared to one year earlier, Lexaria increased: .....Proved barrels of oil by 34,620, or 29% .....Undiscounted future net cash flows by $4,184,777 or 58% .....Discounted (10%) future net cash flows by $1,689,379 or 26% "For the second...