LGX Oil + Gas Inc. comments on recent market activity

CALGARY, March 20, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) wishes to comment on the unusual recent market activity in its stock.   Although it is generally the Company's policy to not comment on market rumours or activities, the Company advises that it is not aware of any undisclosed material change that would account for the recent market activity.  As previously disclosed, the Company intends to release its annual operational and financial results for 2014 on March 24, 2015.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE LGX Oil + Gas Inc.

Trent J. Yanko, P.Eng., President + CEO; Matt Janisch, Vice President, Finance + CFO; 4400, 525 - 8th Avenue S.W., Calgary, AB T2P 1G1, Telephone: [phone]