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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 Nov 18, 2004 3:20pm
224 Views
Post# 8196796

reflector - question [correction]

reflector - question [correction]The upside on Block 15/25b is in a larger untested structure adjacent to the 15/25b-3 structure. Sproule has not attributed reserves to this structure. The above is from the Long Form Prospectus and it has never been clear to me what it is in reference to. Perhaps Sheryl...but the various siesmic images I've seen posted here indicate another structure to the EAST of the b-3 hole that might be part of the Glamis. Any thoughts? Also - the rig they are using is larger - so would it be likely that when they test they would test with an open choke to properly size up the flow potential? [don't know this info - not a technician]
Bullboard Posts