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 nlr2on Aug 27, 2014 1:00am

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Post# 22881051

RE:RE:LGX DRILLING RIG

The drilling contractor is Trinidad. I believe it is rig 34, which is a heavy double. The Bakken naming is a bit deceptive as I believe the target is the Big Valley which is more comparable to the Three Forks, but is still a solid play. They have one successful Big Valley well, with two more to be completed before the end of the year. Earlier they drilled one semi productive well at Kipp and one disaster at Spring Coulee, but that was probably two years ago now. Lots has changed since then with Torc seemingly cracking the code at Monarch.

Hopefully you can get on board!

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