Penny Stock Trade Review: Legend Oil and Gas Report Featured on MicroStockProfit.com

DALLAS, Nov. 28, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Legend Oil and Gas Ltd. LOGL. The report details the company's most recent developments and news, outlines its financial position and market performance, and includes an easy-to-read stock chart.

MicroStockProfit.com is the premier destination for investment information, making your trading decisions easier than ever. Get the rundown on how LOGL stacks up against its competitors and check-out the stock's technical data by viewing the free, in-depth report for LOGL at: http://www.microstockprofit.com/lp/LOGL

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In the report, the analyst notes:

"The Company said it has set up a Canadian office in Calgary, Alberta to support the development and management of its Canadian assets. It has also hired a petroleum engineer in the position of manager of engineering and a controller to manage the day to day operations of these acquired assets."

"LOGL had a net loss of $476 K for the three months ended September 30, 2011, compared to a net loss of $44 K for the three months ended September 30, 2010 ... The Company attributed the period to period increase in net loss to an increase in costs and operating expenses without a commensurate increase in revenues."

To read the entire report visit: www.microstockprofit.com/lp/LOGL

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