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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 netprofiteer2on Jan 07, 2009 12:02pm
432 Views
Post# 15688501

RE: Good Luck

RE: Good LuckTime to move on. A strong balance sheet trumps reserves in this market. If you don't have the $$$ you have nothing because banks are not there to lend. Oilexco's fate is a hard lesson to be learned for all junior E&P companies out there.
Bullboard Posts