GREY:ZARFF - Post by User
Comment by
pppon Nov 07, 2018 9:48am
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Post# 28936264
RE:ZAR can sell nat gas assets (AECO at C$2.50) & RF the notes
RE:ZAR can sell nat gas assets (AECO at C$2.50) & RF the notesNote that its Noth Dakota oily asset has been printing cash because it is not affected by the Canadian oil spreads but receives premium Bakken pricing. Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.zar&postid=28929407#YdJmat48FY7kVs0H.99
Funny that's not what I read. better go to their outdated presentation and read it. Zargon’s cash flows are closely correlated to Western Canada Select (“WCS”) oil prices. Including North Dakota, Zargon’s field price tends to reflect a small premium (up to $4 Cdn./bbl) to the WCS price. Zargon’s Q2 2018 field price was $64.94 Cdn./bb