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.

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LGX Oil + Gas Inc

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Comment by Kel2on Mar 27, 2004 9:55am

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Post# 7275658

RE: bed time story

Nice story - one error though. If you read the latest news release again you will see that the 12,000-17,000 figure actually applies to Brenda #1(15/25b-6) and is a revised figure from the original news release which suggested 10,000. Brenda #2, 15/25b-8, should, in theory be capapble of a greater rate of production. So, you could raise your numbers a tad if you wanted. I had been using $10 CDN and that still worked out well.