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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 stockfyon Dec 10, 2018 4:07am
56 Views
Post# 29090270

RE:RE:RE:PSH's North Dakota deal at US$100K/boepd and ZAR's ND assets

RE:RE:RE:PSH's North Dakota deal at US$100K/boepd and ZAR's ND assetsI just wasted 2 more seconds of my life reading another EMPTY WORDS comment from the usual suspect of this board, rad10. 


rad10 wrote: Thanks for dispelling the myths PE.  This poster is hilarious.

FACT - Q4 production will be diminished significantly
FACT - debentures are widely held and management has only canvassed a relatively small minority of them. Around 30% to be more precise.
FACT - there is only 3.5 million U$ of secured debt ahead of the debs.

Hopefully we can get a PIK in shares in lieu of the March interest payment.

All the best

Rad10


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