Zargon Oil & Gas Ltd ZARFF

Energy Oil & Gas E&P

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.

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Zargon Oil & Gas Ltd > Annual Report - Tomorrow

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Comment by pablo87on Mar 14, 2019 8:16pm

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Post# 29488565

RE:Annual Report - Tomorrow

Out now, presentation updated too. I think they might generate $1M+ of cashflow in Q1. Proved producing reserves is 11 cents a share? We're going to be fine if WTI can hold above US$55 and the differential stays narrow. Interesting stock- at US$45 WTI it's game over, at US$65 it's easily worth more than 11 cents IMO. So no rush to take a low ball offer I don't think. GLTA.

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