
About us
Discover Lux Energy Corporation
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. Our current portfolio of producing oil and gas wells is just the start of a larger more profitable Lux Energy. Our team has proven track records in technical, operations, business and the ability to raise money – components necessary for successful execution.
Lux Energy has the ability to increase shareholder value by increasing production. Production will be increased by re-working existing producing or previously producing wells and by developing proven undeveloped zones in existing wells.
Management
Shane Broesky
PresidentShane Broesky has served as President, and CEO of of Choice Capital Investments Inc, located in Alberta, Canada. Mr. Broesky has raised millions of dollars for both production and exploration of oil and gas properties. His extensive access and ability to conduct thorough research on oil and gas wells will give Lux Energy many opportunities to grow going forward.
Robert Broesky
Vice PresidentRobert started his career in 1972 in the petroleum industry working with contractors to major oil companies in the western provinces of Canada. Mr. Broesky has supervised and managed many projects over the years, completing them on time and on budget. He has also been involved with several business ventures which involved sales, marketing and management. Robert is also operating his own consulting and management company.
Charles (Chuck) Tait
Manager, Investor RelationsCharles (Chuck) Tait has been an investor relations professional for the previous 14 years. Most recently as Director of Investor Relations and Corporate Communications for an AMEX (NYSE) listed company. Chuck has been the IR point for various other public companies listed on U.S. and Canadian exchanges including the OTC BB. He has been involved with companies in the pet care, coatings, telecommunications and mining industries. Chuck’s background also includes stints as a Publicist and Creative Director.
Daniel Davis
ConsultantMr. Daniel Davis has over 30 years of resource development experience both in oil and gas as well as mining. Daniel has raised over $50 million for resource companies over the years. He brings to the company a portfolio of producing and highly prospective oil and gas land packages. In addition Mr. Davis has a support staff of seasoned professionals that include geologists, engineers, land personal and field operators that will enhance Lux's position in the Alberta oil industry.
Market Conditions
We strongly believe energy prices will continue to be strong going forward. One reason why we believe this is because of a recent G8 meeting in Italy where attendees stated that US$70-80/barrrel oil is considered a fair price.
Very recently (June) news stated that crude inventories had fallen sharply. This along with the fear that issues in Nigeria and Iran may cause production to weaken all bode well for increased energy prices. Hurricane season is just around the corner.
Investors must be careful during rockier economic circumstances. Production and the ability to profit are crucial to a company’s success, especially during current economic conditions.
Lux Energy provides investors with the safety and stability of a producing company, coupled with the upside exploration potential and future production growth from acquisitions.
We strongly believe oil and gas prices are set to rise in the short and long term and that we are in a commodities bull market which will last for many years to come.
Compensation Commitee
Key Responsibilities of Compensation Committees:
The SEC, the NYSE, and the NASDAQ require a compensation committee of a public company to assume a number of responsibilities which may include:
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Establish CEO and executive officer compensation
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Develop the compensation philosophy
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Assist with and review the Compensation Discussion and Analysis
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Complete the Compensation Committee report
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Oversee equity compensation grant policys
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Retain and terminate outside experts
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Evaluate shareholder proposals related to executive remuneration