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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
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Post by RollinInDoughon Aug 16, 2019 5:22pm
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Post# 30038307

....."asset retirement program in Q3...."

....."asset retirement program in Q3...."until they improve that liability number... it is below the threshold in the regs for selling, buying, transferring.. whatever... ... as said... it is not a saleable company right now... I guess they could sell the US property... then it would go bankrupt of course... 

would not touch it... but when you guys are down in  the magnitude of buying in at over $10... 30 pennies is tough to take....LOL

wow   $60 mill in liabilities... for money losing assets... spread here and yawn... when I could own NWX which has a fantastic asset spewing cash... these guys are into a play where oil is produced at $5... a world class onshore oil field  or fields.. anyway... why mention my 3 cent buy that has returned me about 80 cents.... LOL  oh right... just trying to help you recover some of these lost funds...LOL
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