Lux Energy Latest News
OTC BB: LUXE
August 25, 2009 - Updates Business
Lux Energy Corp Acquires Additional Positions in West Central Alberta Project
Lux Energy Corp. (the “Company”) has acquired additional positions in the West Central Alberta Project. This project contains a discovery well in west central which are previously known for high pressure gas has intersected an oil zone that is free flowing un-stimulated at a rate of 40bbl/day oil and 320mcf gas. The operator is still production testing the well that is being flowing at approx 60% capacity. 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.
“This is a significant discovery that the company will continue to report on as we test further and as results become available,” says Shane Broesky, President and CEO of Lux Energy. “We are still actively looking at a number of other producing and exploratory well targets.”
A copy of the filed information can be found for viewing by electronic means by viewing Lux Energy’s filings with the U.S. Securities and Exchange Commission at www.sec.gov.
Lux Energy Corporation
Lux Energy is an oil and gas production, acquisition, and production company focusing on developing oil resources in North America.
For further information please visit www.luxenergycorp.com or contact Shane Broesky at:
Corporate Office
Suite 1950 – 777 8th Ave S.W.
Calgary, Alberta, T2P 3R5
Canada
Investor Relations
TF: (877) 777.4568
info@luxenergycorp.com
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 Lux Energy'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.