LGX Oil + Gas Inc ROAOF

RE: Oilexco releases estimated North Sea reserves

[grommet]

Light crude this time! That's a good sign - the contracts that have fallen through were heavy oil that had lousy margins and could cost Oilexco on a price swing in the market. Now there are no tariffs from Iraq on moving the oil and the light oil will be very easy to move. At 30.00 a barrel it should give OIL a nice chunk of non-dillutive working capital. substantially larger structure immediately adjacent and on trend with the 15/25b-3 discovery sounds interesting - have to look back at my old posts to see which major we are right beside although it doesn't really matter everything in the area is huge. Bring on North Dakota!