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Bullboard - Stock Discussion Forum 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... see more

GREY:ZARFF - Post Discussion

Zargon Oil & Gas Ltd > North Dakota reserves increasing
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Post by pablo87 on Mar 26, 2019 2:28pm

North Dakota reserves increasing

In 2015, ND reserves were 2,719,000. In the interim they produced 430,000 barrels of oil (no gas) or so. 2018 reserves? 2,830,000.  That's 20 years. But based on past, that is likely to be higher. great asset.
Comment by RollinInDough on Mar 26, 2019 4:46pm
are you that dumb that you think the wells they have can produce the 2 million barrels over 20 years... you actually think the wells they have will produce the 2P reserves asigned to the property?  you got to be stupid... come on really?  their wells as they are can produce those 2 mill barrels?  you think this?  wow!!!!!
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