Wednesday, November 25, 2009

Stock Alert LUXE !!!

New alert is Lux Energy Inc., LUXE. The stock is offered at 80
cents as I write this.

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.

Please begin your research here
www.luxenergycorp.com.

The price of oil remains strong. Any upside in prices will help the
oil and gas companies.

Morgan Stanley upped its forecast on oil and gas prices. Here is a
link to the story.

http://www.reuters.com/article/pressRelease/idUS169282+18-Sep-2009+PRN20090918

LUXE has been busy acquiring oil and gas assets. Here are some
highlights.

LUXE announced July 15th that it has finalized the purchase of a
working interest in two gas wells in the Bigoray area of West
Central Alberta.

LUXE originally said the wells were expected to produce about
570,000 cubic feet per day or approximately 100 barrels of oil
equivalent per day.

LUXE announced August 18th that the B well tested initially at
500,000 thousand cubic feet of gas which was double of which they
expected.

LUXE announced August 25th that it has acquired additional
positions in the West Central Alberta Project. This project
contains a discovery well in west central which was previously
known for high pressure gas and has intersected an oil zone that is
free flowing un-stimulated at a rate of 40bbl/day oil and 320mcf
gas. There are 10 additional targets in this area to access. To
date the well has produced over 850bbl oil and over 10/mcf gas in
its preliminary 30 days of testing.

LUXE announced September 16th that is has it has acquired an
interest in the Quinlan # 2 well located in Oklahoma. LUXE says
"The historical records that the Quinlan well produced were in
excess of 100 barrels of oil per day and 1500 barrels of salt
water." The well was shut in during 1979 due to low oil prices".

Friday November 6th, LUXE President and CEO, Shane Broesky
announced that the West Central Alberta C well has far exceeded the
initial prospects. The C well drilled and completed in July, 2009,
was considered a natural gas target. The well completion however,
encountered a significant oil reservoir plus a further bonus when
the completion encountered an abundance of petroleum liquids in the
gas zone. He goes on to further explain "The success of the C lease
location has provided Lux Energy Corp with the incentive to embark
on an acquisition program to secure additional locations in this
area of West Central Alberta".

LUXE announced last week reported that it has signed a Letter of
Intent with Dejour Alberta Energy Ltd. a subsidiary of Dejour
Enterprises (TSX, NYSE: DEJ), for a working interest in DEJs'
producing Woodrush and Drake properties in Northern British
Columbia.

Dejour is targeting $20MM in gross revenues from this project in
2010. With a successful three well drilling program in 2009/10
NPV-10 values are expected to double to $40MM by the end of the
current drill season.

LUXE also announced that effective December 1, 2009, the capital of
the Company will effect a 3 for 1 split meaning that for every 1
share you own, after the split you will own 3.

December 1 is just around the corner. I think that as that date
gets closer investors will pick up shares to take advantage of the
split. If the stock went from 80 cents to the $1.25 resistance area
that would be a 50% price gain. Plenty of room to book some nice
profits.

As always book profits when you can. Use limit orders to enter your
trade and always use stop loss orders to limit your losses.

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