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Microcap Report: LGX Oil + Gas (V.OIL) active on Alberta drilling

Stockhouse Editorial
1 Comment| February 4, 2015

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LGX Oil + Gas Inc. (TSX: V.OIL, Stock Forum) eased 29% to 12.5 cents Wednesday after the company tabled results from 2014 drilling activity in southern Alberta.

The company said in a press release it drilled two horizontal wells into the Big Valley (Three Forks) Formation. Total capital expenditures for the two wells came in on budget at approximately $14 million, the company said.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Antibe Therapeutics Inc. (V.ATE, Stock Forum) 54.55%
True Gold Mining Inc. (V.TGM, Stock Forum) 20.00%
Westport Innovations Inc. (T.WPT, Stock Forum) 16.92%
theScore, Inc. (V.SCR, Stock Forum) 13.79%
Eastern Platinum Limited (T.ELR, Stock Forum) 13.29%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
LGX Oil + Gas Inc. (V.OIL, Stock Forum) -28.57%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (T.HOU, Stock Forum) -14.10%
Rock Energy Inc. (T.RE, Stock Forum) -12.99%
Athabasca Oil Corporation (T.ATH, Stock Forum) -12.61%
Surge Energy Inc. (V.SGY, Stock Forum) -12.12%


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