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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 > Zargon hires Macquarie
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Comment by pablo87on Jan 21, 2019 4:31pm
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Post# 29261531

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Zargon hires Macquarie

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Zargon hires Macquariereality is, ND asset sale and Macquarie co sale need to be coordinated - whether ZAR buys assets with ND proceeds or co merges/acquired by another, we end up with shares of some entity. The advantage of a sale is the buyer will probably shut in ASP ASAP whereas CH may not...hopefully the entity we have shares in will be generating positive cash flow because I'm afraid were in for a long period of de leveraging.
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