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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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Post by greeneggson Jun 27, 2008 10:15pm
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Post# 15240315

rolfoto:You might want to look up what...

rolfoto:You might want to look up what...tristone has to say about tristar TOG. They actually have 60 million barrels of low risk unbooked reserves of light oil, and being in sask the 32,000 barrels out of each well is free from roylties. Using an ultra conservative 50 bucks a barrel: remember we're talking light crude with little risk, we're talking close to 30 bucks a share in unbooked light sweet oil, with 120 plus netbacks.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities