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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 rad10on Jan 17, 2019 9:50am
66 Views
Post# 29244774

RE:RE:RE:Zargon hires Macquarie

RE:RE:RE:Zargon hires Macquarie
Cardboard1 wrote:
Now you should be really upset at Hansen.

Macquarie was in there for about 2 years and the only deal that came out was the amendment of the debentures in early 2017.

Do you really believe that new revelations, potential buyers, etc. will come out now at better prices than say early 2018? We already paid Macquarie for a detailed study over these 2 years and now we are restarting from scratch?

Why did Macquarie leave or was sent home in the first place? If you look back, they were not the ones who advised on that recent U.S. loan.

Why do we need another study on assets/potential buyers? What do CEO's and CFO's do these days? They can't value their assets? They can't market them themselves? Create a deal that makes sense? Why the very large salaries then for an operation that is not growing, not developing, etc.?




Couldn't have said this any better cardboard...................

The gravy train just keeps on rolling..................

Still think the defiant debenture hoders were greedy?  Or just prudent?




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