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Zargon Oil & Gas Ltd T.ZAR


Primary Symbol: 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 projects.


GREY:ZARFF - Post by User

Bullboard Posts
Comment by whodathunkiton Sep 13, 2011 12:20pm
375 Views
Post# 19036979

RE: Surely not a leak? And is AVF next?

RE: Surely not a leak? And is AVF next?I expected a bit of a cut, based on the declining production due to flooding and lower average oil prices, but not the almost 30% cut. Ouch.Oil prices will eventually recover and so will the divy. It just adds a level of uncertainty to the mix that investors don't need at the moment.Cheers.
Bullboard Posts