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 > Voted NO

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Comment by pablo87on Dec 24, 2018 9:46am

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Post# 29153601

RE:Voted NO

Agreed. Even though I’d like to support mgmt, with recent events in the market, I have to take a defensive posture and vote NO and support your suggestion to issue shares in lieu of cash for the March 31.
Of note, not a lawyer but with a formal restructuring, the ND assets would be out of reach of AER and possibly debbies would outrank them as well.

You have to wonder on a day like today if an opportunity to sell ND was missed in early Fall.

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