LGX Oil + Gas Inc ROAOF

RE: Re Kel2

[Kel2]

They reported on results of the well because it is a material change to the company and it is required by securities law to do so. In an earlier release they make reference to a four well program: the b10 which has been drilled and leaving 3 additional wells for which they have a commitment from Transocean to supply a rig. "The 15/25b-10 well is the first well of the second phase of Oilexco's "Brenda" appraisal program to be drilled under a four well drilling contract with Transocean, consisting of one (1) firm well and three (3) option wells". The rig is theirs pending results of b10, excercising of warrants, and granting of land from DTI. We all expect warrants to be exercised and DTI to award ground to OIL. The rig will get there when it gets there and that is expected to be late August. As stated in the release the rig is under option - does not cost them anything. They are not obligated to keep you up to date on day to day happenings.