Tue, Sep 16, 2014, 11:44 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

LGX Oil + Gas Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mutinycapital mutinycapital Mar 21, 2012 9:28 PM Flag

    From Legacy Q4 report

    Legacy actually talks more about the SAB play in their latest investor presentation that went up yesterday. It used to barely get a mention. The one thing I can't get over is the price. The land value alone should be worth more than $.50/sh based on current rates. Murphy and Argosy have both hit big wells nearby. This should be a slam dunk sale, yet the stock price keeps going down. I don't get it.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Our great and "technical expirienced" JV partner spent 12M per well for much science and testing two cores Bakken ( Exshaw ) and Second White Specks, but latest positive results from DTX, MUR and Argosy show us that the real target isn´t Exshaw and Second White, but Big Valley ( Three Forks equivalent).
      IMHO LEG hasn´t unlock SK Bakken, hasn´t unlock Manitoba Spearfish, they only aquired succesful operators in these plays (Connaught Energy, Renegade, Bonavista, Molopo). I think the best partner for BWD would be Torc. - they have real technical skills and great track record from SK Bakken with Tristar Oil and gas, aquired in 2009 by PBK.

 
ROAOF
0.486+0.017(+3.62%)Sep 16 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.