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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 > this caught my eye
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Comment by pablo87on Mar 19, 2019 11:49am
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Post# 29505252

RE:RE:RE:this caught my eye

RE:RE:RE:this caught my eye
Mgmt compensation is pro-forma 37% of the SG&A. Consultants as a whole must be another big chunk - Murph and his crew over at E&Y are nice folks but bloody expensive - just hire some cheap local accountant, save the cash. The cross border assets is expensive, time to move on from ND.  Break even WCS is US$37 w/o the SG&A which a buyer would certainly get rid of most of it.
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