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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 marexxxon Feb 02, 2009 12:56pm
639 Views
Post# 15745592

Petro-Can

Petro-Can
I'm quite surprise nobody on this board mentioned Petro-Can and Teachers growing tension, all morning BNN is talking about this.
Teachers Pension Plan are the major stake holder in Petro-Can and they are very unhappy with management of this company, they are unhappy particularly with grow of this company or lack of it, a specially with return on underperforming  Libyan assets.
Petro-Can was mentioned as one of possible buyers for Oilexco assets and the best way to improve Petro-Can or any other company in this situation is to buy already producing oilfields. :-) :-) :-)
Stay tuned, I think it is much more to this story.  IMHO
Bullboard Posts