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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 > Look forward to updated presentation
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Comment by hawkowl1on Jan 15, 2019 1:06pm
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Post# 29234493

RE:RE:Look forward to updated presentation

RE:RE:Look forward to updated presentationAll companies have that issue. Cardinal likely trading at $100,000 per flowing barrel with decommissioning liabilities... or Crescent point. 
Its all relative and some wells will keep flowing for next 25 years or more.
And yes much better opportunities in oil patch. Zargon is a special situation having rid itself of onerous debt. If they cant market this now they never will. So thinking it wont be too long this is gone and hopefully minimum of .10 cents.
The biggest risks is managemt gets cushy in keeping their collective excorbitant salaries and keeps this going indefinetly. 

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