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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
Post by slamdanceon Oct 14, 2006 1:18pm
201 Views
Post# 11503568

Development Option Reality

Development Option RealityOIL & SLG may have a very significant find. However, the reality that must be appreciated (IMHO) is that development timelines will likely be dictated by PCO in any development plans which they have for their nearby fields and platform. In essence, PCO may become the new operator of Sheryl in regard to timelines. Therefore, OIL & SLG have met their obligations to the DTI, and OIL must move on to other opportunities which may become more immediate priorities in regard to fasttrack development.
Bullboard Posts