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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
Post by zagorskeon Nov 10, 2014 9:42pm
199 Views
Post# 23115783

Q3 results

Q3 results           Does anyone know what this means? Both wells were successful but no indication of how successful. Guidance was for 1500 BOE/d exit production. In order to meet that both wells will have to be producing at least a combined total of 800 BOE/d.                                                                   
                                                                                                                                                                    
         I guess it is still a wait and see story.                                 

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