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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

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Post by Holdernko123 on Feb 26, 2020 4:14pm

Crazy EV

Zar has stock market value at $2.3M and net debt $2.1M, total EV is $4.4M. How can you buy a company output at 1700 b/d for $4.4M? Crazy!!!
Comment by Bonecreek2 on Feb 27, 2020 9:03am
Where do you get 1700BBL/D
Comment by Holdernko123 on Feb 28, 2020 11:31am
1746 B/ per day in Q4, 2019 at company news release.
Comment by 1WellSiteGeo on Mar 03, 2020 10:18am
This post has been removed in accordance with Community Policy
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