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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
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Post by Grease99on Aug 25, 2015 6:17pm
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Post# 24050700

Even $0.05 is not cheap enough

Even $0.05 is not cheap enough
This company is in default of it's drilling commitments and has over $30MM in debt. Plus CPG terminated the G&A agreement so their cost structure will only get worse! Belly up by 2017!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities