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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 13, 2015 9:27pm
84 Views
Post# 23429627

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:Concerned            Manyberries was bought in 2012 and production was 600 BOE/d 95% lite oil.       
            It had 2.9 million BOE of 2P rsv 96% lite oil.                                                                               
                                                                                                                                        
            Acquisition metrics of $76,667 per flowing boe and $15.78 per 2P RSV.                          
                                                                                                                                                              
            It was bought from a distressed seller.                                                                                    
                                                                                                                                                                
            I have no idea what the compensation might be for the Sage-Grouse order nor how long it might stay in effect.                                                                                                                                    
                                                                                                                  

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Dealroom for high-potential pre-IPO opportunities