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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 projects.


GREY:ZARFF - Post by User

Comment by pablo87on Mar 15, 2018 6:30pm
108 Views
Post# 27723993

RE:just released : excellent quarter results

RE:just released : excellent quarter resultsSoul, agree - Zar got higher price for their oil in Q4. But op. costs were higher too?

Valuation situation in Cdn O&G is pretty bad. Almost every company, many better than Zar, are trading well below what they're worth.  Bottom line, quarterly results will not move the needle.  What will is some asset sales or a change in strategy or maybe a merger?
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