Skip to main content

Operator

LGX Oil + Gas Inc.

15 articles mentioning LGX Oil + Gas Inc.

LGX Heads into Receivership

LGX Heads into Receivership

The company's lender has not extended the credit facility past May 31, 2016.

Alberta Bakken E&P Exploring Strategic Alternatives

Alberta Bakken E&P Exploring Strategic Alternatives

Outcomes may include a sale of all or a material portion of the LGX assets, the outright sale of the Company, or merger or other transaction involving a third party, and/or alternative financing initiatives.

LGX Oil + Gas Updates Banff Well Progress

LGX Oil + Gas Updates Banff Well Progress

The well is currently producing at approximately 230 Bbl oil per day with a high fluid level and low water cut.

LGX Big Valley Three Forks Test Flows 420 BOPD

LGX Big Valley Three Forks Test Flows 420 BOPD

The Company will continue the evaluation of the well through the LGX 1-2 battery.

LGX Oil + Gas Evaluating Capital Options

LGX Oil + Gas Evaluating Capital Options

Evaluating measures, including asset sales, third party capital, joint ventures and drilling commitment extension.

LGX Oil + Gas Drills Two Wells in 3Q 2014

LGX Oil + Gas Drills Two Wells in 3Q 2014

The Company spud both wells of its two well commitment on the Blood Reserve in the quarter.

LGX Spuds Premier Alberta Bakken Well; Ups Guidance, Spending

LGX Spuds Premier Alberta Bakken Well; Ups Guidance, Spending

LGX spud the first well of a budgeted two well hz drilling program targeting the Big Valley Formation.

LGX Eyes Continued Alberta Bakken Success in 2014

LGX Eyes Continued Alberta Bakken Success in 2014

LGX anticipates a 2014 average production rate of 1,100 Boe per day and exit rate of 1,400 Boe per day.

LGX IPs Wells at Alberta Bakken Project; Optimizes Manyberries Ops

LGX IPs Wells at Alberta Bakken Project; Optimizes Manyberries Ops

Total proved plus probable reserves grew by 27 percent to 5.6 MMBoe (82 percent oil and NGL's) at year end 2013.

LGX Planning Alberta Bakken Wells; Talks Seismic Results

LGX Planning Alberta Bakken Wells; Talks Seismic Results

LGX has completed surveying and is in the process of acquiring surface access for its Alberta Bakken wells.

LGX Adds Petroleum Engineer to Board

LGX Adds Petroleum Engineer to Board

Daryl Gilbert is a professional petroleum engineer and is the former President and CEO of Gilbert Laustsen Jung Associates Ltd, now GLJ Petroleum Consultants Ltd.

LGX Talks 2013 CapEx; Eyes Alberta Light Oil

LGX Talks 2013 CapEx; Eyes Alberta Light Oil

LGX Oil + Gas Inc. has reported 2013 guidance, capital budget and outlook.

LGX Reviews 2012 Bakken, Manyberries Progress, Financials

LGX Reviews 2012 Bakken, Manyberries Progress, Financials

LGX Oil + Gas Inc. has reported its year-end 2012 operational and financial highlights, which focus on the Alberta Bakken and Manyberries prospects.

LGX Acquires Manyberries Light Oil Assets in Alberta

LGX Acquires Manyberries Light Oil Assets in Alberta

LGX Oil + Gas Inc. has completed its previously announced acquisition of light oil assets in the Manyberries area of southern Alberta. LGX paid $42.5 million in cash (subject to customary closing adjustments) and issued 4.07...

LGX Updates Alberta Bakken Drilling Ops

LGX Updates Alberta Bakken Drilling Ops

LGX Oil + Gas Inc has drilled a vertical exploration well at 6-16-7-23 W4M to a total depth of 2,205 m ahead of schedule and under budget. The well is located approximately nine miles south of...