LGX Oil + Gas Inc ROAOF

RE: Past Conoco MacCulloch ES waivers

[Bigbadoil]

Hey Johnny: They did say in the NR that the oil/water contact was common and 4D seismic indicates that the existing wells have not drained this area of the pool. they also did pressure tests (it seems!) to confirm this......Also took a sample of "Brown oil', which seemed to get a few people on this BB excited!! If all they say is true then this looks like the same pool to me (same oil/water contact). But no one believes Art anymore as two successful wells and NRs have bought about a collective yawn from the market! As a freind of mine says, you can be a believer or not, but these days might be looked upon in hindsight as a great "accumalation period" Bigbadun'