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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 projects.


GREY:ZARFF - Post by User

Comment by Philbert77on Nov 03, 2018 11:32pm
88 Views
Post# 28920416

RE:RE:RE:RE:ZAR's US financing

RE:RE:RE:RE:ZAR's US financingSo the financing allows them to pay the distributions on the debentures until they can convert them in Dec 2019? Then all the debenture holders get stuck with stock and hope that the company can be liquidated and they actually get some money back?

Ugh... sure wish we could get some oil out of this country... Its ridiculous that with the price of oil globally oil producers in Canada are suffering so badly. 
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