LGX Oil + Gas Inc ROAOF

RE: Newbie Thoughts / again...

[KeithR39]

You're welcome BMW. Congratulations for that nice buy! You just increased your position in the best growth play of the North Sea. I remind everybody that we just had a great Oilexco overview (including a good reminder on Jesica calls): ********************************************************************** SUBJECT: Newbie Thoughts Posted By: BMW545 Post Time: 9/15/05 10:21 As I mentioned yesterday, own over 2 million shares. Where do we see it going....UP. Crude will not see $48 as Jesica has suggested, as inventory number are still depleting. The Saudis are running out of Oil and we are going into the winter season. Art and the boys have done great things by securing the rig until 2007 with options after that. It has not sat idle for any amount of time and will not sit idle until we are done with it. Brenda will be approved and so will the RBS financing. At this point in time there is more credibility. More credibility equals more buyers. More buyers mean higher price. My target is $8 by year end based on a NR about, BRENDA, RBS, drill results of Blackhorse and a possible new Reserve Report. There will also be news about the new wells that have been drilled in the last little while as well as the wells with Premier and Sterling, so unless the Sedco 12 sinks, the longs have nothing to worry about. Just my thoughts