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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 slamdanceon Feb 07, 2007 8:29pm
315 Views
Post# 12184115

RE: GreatSwami

RE: GreatSwamiGS In your well costs, have you taken into account the partners contribution. When OIL drills 7 sidetracks they for delineation and not exploration. I think OIL may only pay for the well test leg of the expenses of that drilling session. When and if they have to do more drilling on Sheryl, SLG will pick up % of costs. Maybe things delayed until SLG gets financing from Royal Bank of Scotlsnd. Am I miatakened?
Bullboard Posts