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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 TheAuditoron Mar 20, 2008 4:29pm
570 Views
Post# 14756078

RE: Brenda/NicolFld Outpt Transforms OIL

RE: Brenda/NicolFld Outpt Transforms OILOK, then, for 2008 For 6 months, January to June: 25K barrel/day ..............July-September.+8: 33K barrel/day ..............Oct-December +12.: 45K barrel/day In summary:(6/12times 25K)+(3/12 times 33K)+(3/12 times 45K)= 35K/day Then in 2008, revenues should be 35K/11K times $345 million = $1.1 Billion if the barrel price is $80/barrel as in 2007.
Bullboard Posts