LGX Oil + Gas Inc ROAOF

December Visit

[sureshotz]

Z - majority of float is held by 8 shareholders so some justice should be served (I hope) to minority. Last visit, I noted TOG had drilled two wells in 2014 just across highway from LGX activity. Both of these wells, quite close to 16-2, are located on the same pad and appear to be stroking around 350-400 boepd. In total, within literally a 1-2km, TOG has drilled around 10. Also of note, in immediate vicinity, near old GSY lands, TOG has a decent sized battery to the west but has since moved to Monarch and trended as far SW as they can get then moving back NW across their acreage. At time, it appeared LGX may have had a service rig on location but was not sure if this was part of recompletion activities or working over a new well. Also of note is that Kaniai is also drilling quite close to LGX and TOG which makes me think that LGX has not been very forthcoming w/ info to preserve confidentiality and ability to lock up more land.