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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.


GREY:ROAOF - Post by User

LGX Oil + Gas Inc
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Comment by Kel2on Dec 07, 2005 10:54pm
503 Views
Post# 9986214

RE: Oilexco target price raised

RE: Oilexco target price raisedThe price was raised to $10 from $8 after the Blackhorse well and subsequently reduced to $8 after the British Government raised taxes on North Sea oil. With the dilution of the financing it may cause another slight reduction, however, one more successful well on another property, ie. Muness, Palomino, Tay, or the others just acquired in the bidding round will change it all again.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities