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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.


GREY:ROAOF - Post by User

LGX Oil + Gas Inc
Bullboard Posts
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Comment by zagorskeon Feb 12, 2015 3:51pm
99 Views
Post# 23423717

RE:RE:RE:RE:RE:RE:Concerned

RE:RE:RE:RE:RE:RE:Concerned             It is also worth noting the acquisition metrics TOG paid for some S.E. Sask assets just a few days ago:                  $82,000 per flowing barrel     or  $21.56 per 2P reserve.                                
                                                                                                                
            A very high price when stock market prices are very much lower than that.                    
                                                                                                   

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Dealroom for high-potential pre-IPO opportunities