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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.


GREY:ZARFF - Post by User

Zargon Oil & Gas Ltd > Let's See Who Big Debenture Holders Are
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Comment by pablo87on Mar 25, 2019 5:18pm
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Post# 29533689

RE:RE:RE:RE:RE:RE:RE:RE:RE:Let's See Who Big Debenture Holders Are

RE:RE:RE:RE:RE:RE:RE:RE:RE:Let's See Who Big Debenture Holders AreHe's A COG in the grave dancing wheel- buy assets for a song from desperate companies and their shareholders. Happening all over the place. Fortunately, very few shareholders are biting - 800000 shares is not even 0.5% of shares. Worth a lot more. A) North Dakota is this asset that will pay $3-5M for 15-20 years. If it was tax efficiently decoupled, it could pay the Debby income... b) Canada - hasn't drilled at all. They drill those 8 Wells with 2019 cash flow? and suddenly the netback goes up and op cost goes down 15% - this is how these other companies' keep their costs "low". C) need to cut sg&a costs - ex. I just saw that enerplus is selling some Sask assets - they didn't bother with year end reserves on those...
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