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$100 Oil Supports Profitable Production
This isn't some fly-by-night exploration company making promises of what "could" be there or what "might" happen. This is a company that is already producing and selling oil in the heart of American oil country. |
#1 | Lexaria Corp. has been building value through old-fashioned hard work - and have been drilling oil and gas wells since 2005. |
#2 | One of LXRP's premier achievements was the discovery of the Belmont Lake Oil Field- a discovery upon which Lexaria and its partners have exclusive drilling rights! |
#3 | Already, more than 100,000 barrels of oil have been produced from the Belmont Lake Field discovery... and production rates could more than double this year. |
#4 | Even better, Belmont Lake is a "shallow" oil field – resulting in cost-effective drilling & production! |
#5 | Currently, the Belmont Lake oil field has 4 working oil wells, but that number could quickly multiply as LXRP moves their exploration & development aggressively forward. |
Just look at their recent exciting announcement:
*Note: A 1996 Louisiana State University study estimates that 7 Billion recoverable barrels of oil may lie under Mississippi and Louisiana in a thick oil shale. |
#6 | In an environment of rising oil prices, energy companies that are producing and selling oil make for a great opportunity for investors. The U.S. Energy Information Administration reported that oil prices averaged $79 per barrel in 2010. Now it expects the average price in 2011 to be $93 per barrel – and in 2012 they are projecting the average oil price could be $98 per barrel! |
The 6 reasons above should convince you why
Lexaria Corp. (LXRP) has so much to offer.
Lexaria Corp. (LXRP) has so much to offer.
Learn more about this remarkable company today...
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