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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

Post by hawkowl1on Jan 15, 2019 11:50am
96 Views
Post# 29233810

Look forward to updated presentation

Look forward to updated presentation

Also want to see if insiders will start buying. 
Pricing as improved substantially,interest on debentures gone.Current market capitalization is 20 miilion factoring in U.S loan in Canadian dollars. 

Assuming 2000 boe of potential production and historically low decline company ZAR is seriously mispriced. $10,000 per flowing barrel with 80% liquids!
A lot of gas shut in. Bodes well for reactivation at some point in time.

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