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.

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LGX Oil + Gas Inc

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Comment by yesoilerson Mar 25, 2009 1:22pm

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Post# 15869766

RE: Sale price

their reference to $8/boe is for P+P reserves, you are referring to $43,000/boepd, or producing barrel. two very different metrics. $8/boe of P+P reserves is very good mind you, many trade at $12-$17 Cdn, even in this down market

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Cross border trading in Canada and Australia