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LGX Oil + Gas Inc ROAOF

Energy Oil & Gas E&P
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

LGX Oil + Gas Inc
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Comment by grommeton Sep 02, 2002 4:55am
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Post# 5402657

RE: From Q Report

RE: From Q ReportIn the Southern Gas basin, Oilexco was awarded 100 per cent of a licence covering block 49/25b and the adjacent block 50/21. These blocks are prospective for gas in the prolific Lower Permian Leman sandstone. These blocks abut the U.K.-Netherlands border and are immediately adjacent to the Sean gas fields (north and south), along trend with the giant Indefatigable gas field. Oilexco has committed to acquire and reprocess an existing 3-D seismic survey over the blocks to further define structures mapped with 2-D seismic. -------------------------------- I'm guessing this will be the area of focus - but I'm not an expert. Any comments?
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Dealroom for high-potential pre-IPO opportunities