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LUXE - Lux Energy strongly believes energy prices will continue to be strong going forward. One reason why the Company believes this is because of a recent G8 meeting in Italy where attendees stated that US$70-80/barrel oil is considered a fair price.
Wednesday, November 11, 2009
Author: Larry Sam
Company: Lux Energy Corp.
Symbols: LUXE
Stock Exchanges: OTCBB
Sectors: Energy
Current Stock Prices: 1.18
Date: November 11, 2009
Disclosure: No Position
Lux Energy is a junior independent natural gas and oil producing company engaged in the exploration development and acquisition of viable properties. Focusing on the Western Canadian Sedimentary Basin, the primary objective is to expand upon the portfolio of assets already accumulated, and to concentrate on several core areas where we have already acquired.
A successful natural resource company requires a solid base to build from and a team that is capable of executing a business plan. Lux Energy has both. The Company's current portfolio of producing oil and gas wells is just the start of a larger more profitable Lux Energy. The Corporate team has proven track records in technical, operations, business and the ability to raise money - components necessary for successful execution.
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