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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 oil-guyon Oct 05, 2008 7:52pm
379 Views
Post# 15506102

CREDIT CRUNCH PUSHES OF PRODUCTION EXPANSION

CREDIT CRUNCH PUSHES OF PRODUCTION EXPANSIONYou can probably bank on  oil production and nat gas production to fall over the next 3-6 months as small and mid size company struggle with raise capital. to run there operations.  You see this in the mineral sector and oil and gas are next.  Should help with falling oil price and actually stabilize oil...
Bullboard Posts