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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Comment by robert1229on Dec 12, 2012 10:54pm

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Post# 20723071

RE: RE: Dividend

I am with you, Mr Toppgunn. I have not been to the Zargon site within the past couple of weeks, but I did see that Mr Craig Hansen made an additional purchase either in late November or early December in the 7.75 range. I had been in the shares earlier in the year, and then I bought back some shares a few days ago. I do think we will be ok at this level, i.e. limited risk. I am no expert in natural gas prices, but the trend in natural gas prices seems to be stable to higher. I do not think it is reasonable to anticipate a second consecutive mild winter. Cold weather is good for us. I am pleased to learn your views and the views of others here.

Good luck to all.

Robert

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