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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 Bigpaulbunyonon Nov 19, 2008 11:30am
618 Views
Post# 15595609

RE: Business plan anyone?

RE: Business plan anyone?well by the time they are producing 30-40,000 / day Oil will be back to $80-90 /barell...it is really funny when Oil made their brenda discovery they were trading above $2.00 and oil was lower than this, know one knew oil would climb to $150.00 .. Oilexco was trading at $4-6 when Oil was last at 50 bucks..They had no production at that time..Now i will give the fact they were not so far in debt, but any larger company would be crazy not to swallow this up for $4.00- $6.00
Bullboard Posts