Business: |
We are an early stage oil and gas exploration company, based in Denver. We are focused primarily on natural gas E&P. (Incorporated in Delaware)
We have options to lease about 11,000 acres in the Imperial Parish Fields in south central Louisiana. We have operations in Saint Landry Parish, Opelousas field, in south central Louisiana, in an area we identify as the Imperial Parish Fields.
**Note: Accumulated deficit of $2.88 million is for the period from the time of inception on Feb. 7, 2022, through Aug. 30, 2024.
Note: Net loss and revenue are for the 12 months that ended June 30, 2024.
Note: The company has not generated any operating revenue from the time of inception to date, according to its S-1/A filing dated Aug. 30, 2024.
(Note: Lafayette Energy Corp. changed its listing venue to the NYSE – American Exchange from the NASDAQ in an S-1/A filing dated June 27, 2024, and kept the IPO’s terms the same: The company is offering 1.2 million shares at a price range of $3.50 to $4.50 to raise $4.8 million. Background: Lafayette Energy Corp. cut its IPO’s price range to $3.50 to $4.50 – and kept the number of shares at 1.2 million shares – to raise $4.8 million in an S-1/A filing dated April 25, 2024; the IPO remained a NASDAQ listing at the time.)
(Note: Lafayette Energy Corp. revived its IPO plans by refiling an S-1 on Dec. 29, 2023, and disclosing terms: 1.2 million shares at $4.00 to $5.00 to raise $5.4 million. Lafayette Energy’s IPO remained a NASDAQ listing at the time that it was revived.)
(Background: Lafayette Energy Corp. withdrew its plans for a micro-cap IPO in an SEC filing dated Aug. 17, 2023. The S-1 was filed on March 10, 2023, when Lafayette disclosed terms: 1.2 million shares at $5.00 to $7.00 to raise $7.2 million. Lafayette Energy Corp. updated its financial statements in an S-1/A filing dated May 18, 2023. The company filed confidential IPO documents on Nov. 23, 2022.)
**Note: A 2-for-3 reverse stock split became effective on Jan. 26, 2023, the prospectus says.
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