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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 Dec 08, 2006 12:36pm
494 Views
Post# 11831847

RE: Nervous

RE: NervousAh well its the oil business, there are always delays but the new year will change that... If everything had gone according plan, then the Sp would have been alot higher than Haritec's number... but thats what I think we will have by Dec 31st. Im assuming some good news before that of course... As far as reserves go, Well they drilled a few long horizontals into Brenda/Nicol this year so im thinking the RR engineers are going to give them more reserves there coupled with the test results. You are negative on Blackhorse but im thinking they are planning to bring that on within 2 years of Dec 31, 2006, So they will get reserves there. Sheryl will give them a bit too, But I really think we should wait for Shelley before going into any numbers...because you will only twist what anyone says!! Bigbadun'
Bullboard Posts