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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 oil-guyon Oct 05, 2008 12:05pm
268 Views
Post# 15505700

RE: I've re-read the NR

RE: I've re-read the NRProduction optimization work in Balmoral core area continues,including drilling of a second production well on Nicol andcommissioning of a new gas compressor on the Balmoral FPV

- Appraisal drilling to be conducted at Shelley North, Huntington and Kildare

-Continuing to target year end exit production rate of approximately45,000 Bbl / day, subject to timing objectives being met on certain keyprojects.


This was the SECOND QUATER N.R
No where here does it STATE it WILL end the year at 45000.....
Bullboard Posts