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.

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Zargon Oil & Gas Ltd > WCS yesterday $48.66

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Comment by pablo87on Apr 03, 2018 11:25am

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Post# 27820781

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WCS yesterday $48.66

Is the share price still 36 cents this am?

Method wrote: Why own the equity or debs if that is your view?

pablo87 wrote: Method, I don't think your valuation is realistic. Little Bow is unconventional and high cost, not worth much unless WCS stays higher ($60) longer (18 months). Canadian conventional we can compare to Altura, its not going to be worth anywhere near the NAV. North Dakota is valuable. I'm thinking 80 cents to $1 per share which leaves the debentures out of the money. I own both, I think my shares have more upside. YMMV.