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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 Bigbadoilon Jun 08, 2005 6:56pm
210 Views
Post# 9134740

RE: 15/25c expires ??

RE: 15/25c expires ??Johnny; Why couldnt they drill the 12" hole first, log, put in a plug and do the sidetrack (slim hole) starting from uphole?. After evaluation, plug the sidetrack off.Remove the plug downhole (below sidetrack entry point) and then run production casing on the straight hole as they are so confident they have a well! Surely they know by now what oil looks like in the Palaeocene sds on logs!! Remember with a tie-back they dont need as much oil for economics. And also there is lot of room on "old tired" maculloch for new oil!! Bigbadun'
Bullboard Posts