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LGX Oil + Gas Inc ROAOF

LGX Oil & Gas Inc is a junior oil and gas company. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its projects are in Southern Alberta. The company invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing, and transportation assets located in Western Canada. LGX is dedicated to delivering growth in reserves and production for its investors through land acquisition, exploration, and development of oil and natural gas resources.


GREY:ROAOF - Post by User

Bullboard Posts
Comment by Bigbadoilon Nov 11, 2006 11:20am
575 Views
Post# 11662783

RE: Blackhorse tieback from JWMCLEAN

RE: Blackhorse tieback from JWMCLEAN MR 40 has previously given zero reserves for Blackhorse. Now that Nexen have announced that they are going to develop it in 2007, he may have to adjust his own reserves for Oilexco. They will become Proven Undeveloped (PUD'S) for 2006. I think he will now have to give a value of $2.50 (from 2$) per share, dont you all think??? LOL Just trying to keep everyone honest on this board! Bigbadun'
Bullboard Posts