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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 slamdanceon Oct 14, 2006 1:05pm
226 Views
Post# 11503532

RE: Development options?

RE: Development options?I don't believe the guy (???) He sez - "What is the current differential between light and heavy oil? $25?" WHAT DOES HEAVY OIL HAVE TO DO WITH THE SITUATION. IT IS MEDIUM WEIGHT OIL WHICH TRADES AT A DISCOUNT OF ONLY $4.00 FROM BRENT for the oil discovered at Sheryl. That is what the last ten posts have been explaining in order to seriously question the credibility of Good40, and hence, most of his prognostications.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities