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LGX Oil + Gas Inc ROAOF

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

Bullboard Posts
Post by grommeton Sep 02, 2002 4:25am
73 Views
Post# 5402637

From Q Report

From Q ReportIndefatigable The Indefatigable gas field, 113km north east of Lowestoft, was discovered in June 1966. There are three fields - south west, west and east. The south west and west are operated by BP Amoco and the east is operated by Shell. Gas is exported by pipeline to BP Amoco-operated Leman 'B' platform then to BP Amoco-operated terminal at Bacton, Norfolk. Indefatigable east has 49.54-bil cu m a recoverable gas reserves and 0.38-mil cu m of recoverable NGLs. Production started in October 1971. Shell UK and Esso Exploration and Production UK had equal 50% interests in the block as of end 2000, according to DTI statistics. Indefatigable west was discovered in June 1966 and production started in October 1971. Indefatigable SW was discovered in June 1967 and production started in October 1989. The fields have estimated recoverable gas reserves of 85.31-bil cu m. At end of 2000, DTI statistics showed the following licensee and company interests in the block: Amoco UK Petroleum (31%), BG International (31%), Amerada Hess (23%) and Enterprise Oil (15%).
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