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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 Karmanowon Jan 22, 2009 5:21pm
561 Views
Post# 15722273

Prime N.Sea Leases?

Prime N.Sea Leases?Anyone venture an educated guess on the value of the new leases that Oilexo Inc. aquired in the last round?
Appears some have had previous positive tests for oil and 3-D has been done on some and some are close to existing fields....
What would these be worth on the open market? or can they even be sold?
I venture that these prospects alone are worth more than the current value of the total company at .07 x 221 million shares =$15 million.  This alone for the long term has value, god knows Art and crew can find oil.
Bullboard Posts