LAS VEGAS, Nov. 9, 2009 (GLOBE NEWSWIRE) -- SmallCapSentinel.com announces the release of a profile of emerging Oil and Gas company Royal Lux Energy (OTCBB:LUXE) of interest to investors of oil and gas leaders Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), Conoco Phillips (NYSE:COP), and BP plc (NYSE:BP).
The profile is available at www.smallcapsentinel.com/LUXE
Locate every blog, news item, message board and more for any of these companies at financial search engine www.BoardMark.com
Market Update: LUXE traded up nearly 50% on Friday on news that it has established a firm foothold in its West Central Alberta oil and gas venture. The news is available at either of the links above or under the LUXE symbol web-wide.
From the report: A successful oil and gas company requires a solid base to build from and a team that is capable of executing a business plan. Lux Energy (OTCBB:LUXE) appears to have both. The company's current portfolio of producing oil and gas wells is just the start of a larger more profitable Lux Energy. The corporate team has proven track records in technical, operations, business and the ability to raise money - components necessary for successful execution. We like the fact that 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.
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