Lexaria Corp. (LXRP) Provides an Update Concerning Operations and Oil Production
On Friday, Lexaria Corp. provided an update relating to operations and oil production at Belmont Lake. The Company reported that after a temporary interruption of only 17 days (due to unprecedented flooding of the Mississippi River) oil production from the Belmont Lake oil field resumed on June 3, 2011 and is continuing normally at this time. The highest ever-recorded water level at the Natchez monitoring station, prior to 2011, was 58.04 feet. Lexaria Corp. and their operating partners designed the Belmont Lake oil field production and gathering system with the capability to operate up to this highest-ever water level. The…