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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 manfrommarson Dec 30, 2008 9:36pm
737 Views
Post# 15673110

I bet it's halted pending takeover news

I bet it's halted pending takeover newsThere's going to be consolidation in the energy industry. Whether oil is $10 or $40/bbl., now is the time for large oil companies to make their bids, before prices and markets start recovering. The best deals will be made now, not later when oil is higher and it will cost much more for a takeover. With the collapse of oil prices, now is the time to strike to find cheap reserves. Tier one energy companies don't have a better opportunity than now and they all know it. There are all crunching numbers looking at potential takeovers right now.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities