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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
Comment by Kel2on Oct 25, 2004 10:42am
413 Views
Post# 8089200

RE: Looks like a PP coming

RE: Looks like a PP comingImportant or not (in your opinion), the o/w contact is not something that is discernable on seismic and was not expected. And, in case you hadn't noticed the market did not like it, just as they did not like it when the B9's o/w contact was different. Canacord seemed to think that it might effect the overall reserve picture which is why they downgraded the possible reserves. The jury is still out and only drilling will tell the tale but it certainly seems important when I look at the price of the stock. The earlier poster wasn't bashing - just facing reality. Maybe your crack team should stop using the crack. lol
Bullboard Posts