543656 (OIL.V) (OIL) Stock Price, News & Analysis

LGX Oil + Gas Inc is a Canada-based company engaged in the exploration and development of oil and natural gas. 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. The operations of the Company consist of the acquisition, development, exploration and exploitation of these assets primarily located in southern Alberta. Its Manyberries property is located in southern Alberta, approximately 300 kilometers southeast of Calgary, Alberta and includes approximately 30 producing oil wells, over 40 active injection/source water wells, approximately 30 abandoned wells, and over 160 inactive wells. Its Alberta Bakken properties are located in the Del Bonita area of southern Alberta, approximately 160 kilometers southeast of Calgary. Its Armada property is located in southern Alberta, approximately 130 kilometers southeast of Calgary, Alberta.