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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 crackiedogon Aug 13, 2007 11:20am
410 Views
Post# 13236762

RE: PROFIT = $25.7 mm in Q2 - eom - g40

RE: PROFIT = $25.7 mm in Q2 - eom - g40G40 spreading lies again. From their F/S, net income was 25.7 Million. "The Company experienced net income of $25.7 million for the period compared to a net loss of $17.8 million for the same period one year ago. Basic net income per share for the period was $0.12 and diluted net income per share was $0.11 compared to a loss per share of $0.09 basic net income and a loss per share of $0.09 diluted net income for the same period a year ago." And that is on about a months production. Next quarter will be based on 3 months production, less the 15 day shut down on the platform for maintenence, in July. Crackie
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