LXES.OB — Lexington Energy Services, Inc. Stock Guru LXES Profile Boom time — Boom Region. Lexington Energy Services will be profiled by Equity Stock Analysis and Stock Guru. Stock Guru provides a preview feature of this important company. Lexington Energy Services Inc. is a manufacturing and leasing firm offering turnkey drilling solutions and innovative oil and gas services in the oil sands reserves of western Canada. In early 2003, as part of its annual statistical review of the petroleum industry the Oil and Gas Journal altered, profoundly, the ranking of oil rich nations in the world by ranking Canada as second in terms of proven oil reserves. The Journal raised Canada’s proven oil reserves from 4.9 billion barrels to 180 billion barrels, second only to Saudi Arabia. The great leap in recorded and commercially recoverable proven reserves in western Canadian as defined by the Oil and Gas Journal in 2003, is due bitumen from oil sands deposits centered in the western Province of Alberta. This recovery method differs significantly from historical oil and gas recovery methods. Enter: Lexington Energy Services, Inc. Lexington Energy Services Inc. manufactures and leases innovatively designed oilfield service equipment which works in this new environment. Through their wholly owned subsidiary, Lexcore Services Inc., they also provide a range of drilling services to meet the growing needs of the oil and gas industry, including Alberta’s oil sands. Lexington has established a strong base in cutting edge technology which has made oil sands recovery commercially feasible and its this concept of ‘commercial fesibility’ upon which the Oil and Gas Journal reranked the oil reserves of the world. Oil sands recovery has been supported by two forces: the current bull market and the new technology such as the equipment offered by Lexington Energy Services, Inc. Alberta’s immense oil sands energy service market has served as the launching point for Lexington’s next generation technology and Lexington Energy Services has developed cutting edge technology at the beginning of the boom which has realigned world oil reserve rankings significantly. Source: Lexington Energy Services Inc. and Oil and Gas Journal CONTACT: Lexington Energy Services Inc., Mark Procknow, Investor Relations, Calgary, 1-877-279-4550 About 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 $48,000 and expects to be ap$proximately 130,000 freetrading shares and $32,000 by noncontrolling third party Alliance Wpr;d Limited for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. 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.StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com .
- 18 years ago
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StockGuru Blog: Lexington Energy Services, Inc. – In on the Boom at its Inception
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