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Bullboard - Stock Discussion Forum Zargon Oil & Gas Ltd ZARFF

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin... see more

Bullboard (GREY:ZARFF)

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Post by RollinInDoughon Mar 28, 2019 7:09pm

profitorbust... I say you busted...

check out his posts... on KASH.... another 3 penny stock that is down 90%... so change your name to bust, drop the profit... cause you is a LOSER!!! whaaaaaaaaahaaaaaaaaaaaaaaaaahhaaaaaaaaaaaaaa you ...more  
Comment by RollinInDoughon Mar 28, 2019 7:06pm

RE:RE:RE:RE:RE:North Dakota 84 producing wells, 9 inactive

me lose?  nope.... making  money hand over fist on real companies... not rubbish like zar as it goes under.... hell these other two dweebs owned TBE too... which since would not know, went ...more  
Comment by RollinInDoughon Mar 28, 2019 3:02pm

RE:RE:RE:North Dakota 84 producing wells, 9 inactive

yes but surge has money to do the work needed... zar is broke and cannot afford even maintenance you turnip.... zar wells average about 4 bopd... so when they need a workover ie maintenance... they ...more  
Comment by pablo87on Mar 28, 2019 2:31pm

RE:RE:North Dakota 84 producing wells, 9 inactive

Industry wide problem you crooked fool, just checked surge energy for example, their ratios of producing to non producing is much worse.
Post by pablo87on Mar 28, 2019 12:10pm

PSAC expresses disappointment

This was a very good common sense idea that of course Trudeau turned down (anything that makes sense they do the opposite).  But I believe it should happen  - perhaps with a new govt ...more  
Comment by RollinInDoughon Mar 27, 2019 7:15pm

RE:Petroexplorer

yes petrofool... keep it up... I too enjoy your posts... i mean the ideas are so bad and so poor... well  I do enjoy as in 'laughing" at your posts....  for instance... your post ...more  
Post by rad10on Mar 27, 2019 3:26pm

Petroexplorer

Even though we completely disagree about the debenture conversion etc. I hope You will continue to posts your insights. Don't let online trolls put you off. Use the ignore button. I enjoyed ...more  
Comment by RollinInDoughon Mar 27, 2019 1:26pm

RE:North Dakota 84 producing wells, 9 inactive

over all they have over 200 wells needed abandoment work... that stuff averages over $100K per... seems wow.... no way they got the money... this one is going under... just anyday they will go for ...more  
Comment by RollinInDoughon Mar 27, 2019 1:23pm

RE:Annual Cash flow atm $5-6M?

whaaahhaaaaaaaaaaahhaaaaaaaaaaaaa same poster that said they would cf 60 cents a share... he posted that analysis in July... man what a turnip of course pablum also said the debs would never trade ...more  
Post by pablo87on Mar 27, 2019 12:56pm

North Dakota field netback Q4 $469,538

Despite the very very low commodity prices. Annual $3,664,000.  Also, $430,000 of capex or $2.95 per boe...she's a beauty.
Post by pablo87on Mar 27, 2019 12:50pm

North Dakota 84 producing wells, 9 inactive

Seems like a pretty good ratio...
Post by pablo87on Mar 27, 2019 12:47pm

Annual Cash flow atm $5-6M?

Based on ops, capex, sg&a (too high), interest of $29.6M, and assuming 1200 bopd in Canada at US$50 and 9% royalty, and 388 bopd in the US at US$57.50 and 24.5% royalty (and 200 boepd of gas at ...more  
Comment by RollinInDoughon Mar 27, 2019 9:41am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Zargon hires Macquarie

yes equity raise... good one.... they only half a billion shares out @ 3 pennies...  half a billion just ain't enuf... so maybe they need $20 mill... so float another half a billion shares ...more  
Comment by EstevanOutsideron Mar 26, 2019 11:52pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Zargon hires Macquarie

hey Cardboard1, nice to see you here.  I just took another look at Zargon a couple months after I had it on my soon-to-bankrupt risk earlier this year from Q4.  First thing I noticed the ...more  
Comment by rad10on Mar 26, 2019 7:56pm

RE:Zargon in play - TBE redux

Pablo maybe you are right - but the new director from concise capital will be heavily underwater and probably won't go along with any lowball offers.  A single online troll isn't going ...more  
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