About Us
150+ Years of Combined Energy Experience
LGX Energy Corp. is led by a highly experienced team of industry professionals whose combined expertise spans oil and gas exploration, geology, engineering, operations, finance, investor relations, and corporate leadership. Founder and CEO Howard Crosby brings decades of entrepreneurial and energy sector experience, supported by Vice President and Director John Ryan, a seasoned executive with more than 30 years of leadership in resource development companies. The company's technical strength is enhanced by Director Jerry Blaxton, a geologist and geophysicist with over 40 years of experience in hydrocarbon exploration, and oil and gas consultant John V. Miller, whose career has included the funding, development, and management of drilling projects across North America since 1988. Director Tom Tucker contributes more than four decades of successful exploration and development experience, while Shane G. Miller oversees field operations with extensive expertise in drilling, production, land services, and infrastructure development. Supporting the company's growth and shareholder communications, Beth Swanson manages investor relations, marketing initiatives, and stakeholder engagement. Together, the LGX Energy team combines proven operational success, technical excellence, and strategic leadership to identify, develop, and maximize energy opportunities while maintaining a commitment to safety, environmental responsibility, and long-term value creation.
The Importance of Oil
Oil remains a cornerstone of the American economy, fueling transportation, supporting manufacturing, and providing the raw materials used in thousands of everyday products. Beyond gasoline, diesel, and jet fuel, petroleum is a critical component in the production of plastics, medical supplies, pharmaceuticals, fertilizers, synthetic fibers, electronics, cosmetics, packaging materials, asphalt, and countless household goods. Virtually every sector of the economy—from agriculture and healthcare to technology and construction—relies on petroleum-based products to operate efficiently. Domestic oil production helps strengthen energy security, supports millions of jobs, generates significant tax revenues, and reduces dependence on foreign energy sources. As the nation continues to grow and innovate, oil remains an essential resource that powers industries, enables modern conveniences, and contributes to the economic prosperity and quality of life enjoyed by Americans every day.
American Oil Potential
The Illinois Basin remains one of America's most significant and underappreciated domestic oil-producing regions, offering substantial opportunities for continued development through modern exploration and production techniques. Spanning portions of Illinois, Indiana, and Kentucky, the basin has produced billions of barrels of oil and trillions of cubic feet of natural gas over its long history. Today, advancements in seismic imaging, horizontal drilling, reservoir modeling, and enhanced recovery methods are unlocking additional reserves that were previously uneconomical to develop. As the United States continues to prioritize energy security and domestic production, the Illinois Basin presents an attractive opportunity due to its established infrastructure, favorable regulatory environment, proven geology, and lower development costs compared to many emerging shale plays. With significant remaining reserves and ongoing technological improvements, the basin continues to demonstrate its potential as a reliable source of American energy production and long-term investment value.
The Illinois Basin
