Stock Guru LXES Profile
Lexington CFA Review Online Now!
Since the fiscal year end of November 30, 2006, Lexington received revenues of approximately $785,000 pursuant to the Laricina Drill Program in Fort McMurray, Alberta, Canada through Lexcore. Its first two drilling/coring systems were under contract for 69 wells with Laricinia Energy in the Athabasca oil sands.
Lexcore extended the drilling season after the Laricina contract with additional contract to provide drilling equipment and services to Japan Canada Oil Sands Ltd. (”JACOS”) in Alberta, Canada. Lexcore has been successful in maintaining its revenue stream.
Source: Lexington Energy Services Inc
Lexington CFA Review Online Now!
CONTACT: Lexington Energy Services Inc., Mark Procknow, Investor Relations, Calgary, 1-877-279-4550About Lexington Energy Services Inc.: Lexington Energy Services Inc. manufactures and leases innovatively designed oilfield service equipment. Through their wholly owned subsidiary, Lexcore Services Inc., we also provide a range of drilling services to meet the growing needs of the oil and gas industry, including Alberta’s oil sands.Forward-Looking Statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Lexington’s filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Disclosure: Pentony Enterprises LLC has been compensated $80,000 and expects to be compensated about 130,000 freetrading shares by non-controlling third party (World Alliance Limited). Pentony Enterprises is not a registered investment advisers or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this.