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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 Piranha7on May 01, 2004 11:25am
208 Views
Post# 7429097

tarsands, i've read

tarsands, i've readthe question and answer....and that means that the engineering report by sproule did not use any of the newer information after january first....now this is good since this means the reserves estimates are most likely to increase in any future report on the same well using the newer data.....but in the mean time i look at it as being bad cause we are again stuck in the dark cause we have no idea about the real value of brenda1 which is more than the 15M prop and prov. cheers.
Bullboard Posts