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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 Bigbadoilon Aug 25, 2005 12:49pm
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Post# 9461269

RE: WTF We AIN"T on Black Horse

RE: WTF We AIN"T on Black HorseHey Johnny: its confusing isnt it? Is the original 18/22 well the vertical and they have cut a slim hole deviated hole from very near surface to evaluate the shallow target? Then they will plug back and go ahead and drill the vertical to the Jurassic. Probably running intermiedate casing across the uphole plug. This is a deep play (11000' +)... but who knows!! If seismic shows a big structure why not drill 1700m away, you have to evaluate the size. Also you cant compare Development strategies for the shallower Brenda to this. Obviously the deeper Jurasic is in a fault block and is structurally controlled (Most Jurassic plays in the N.sea are). Brenda is a strat. play so Art just stepped out very gingerly... Bigbadun'
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Dealroom for high-potential pre-IPO opportunities