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Bullboard - Stock Discussion Forum 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... see more

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Post by bandit69on May 21, 2021 2:24pm

How and why do People get to Keep Their Jobs

How Hansen, the one who was in charge that led to bankruptcy, got to keep his job is something I will never understand. Can't blame it on anything other than they didn't plan properly ...more

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Comment by alkhoron Mar 24, 2021 6:25pm

RE:Post Mortem

Just curious if everyone still has their Zargon shares in their accounts. At the final death throughs of the company they decided all shares would be converted to redeemable shares on a one to one ...more

504

Discussion

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Comment by pablo87on Sep 14, 2020 12:57pm

RE:RE:Post Mortem

Rad, 2 things I don't understand the scope of the abandonment liabilities and why in G's green earth would investors vote yes to converting the debentures. At that time we knew ZAR couldn' ...more

476

Discussion

Comment by rad10on Sep 12, 2020 5:09pm

RE:Post Mortem

yep - the abandonment liabilities were just too much. Good post Pablo. The cyber troll has several bad calls including gear energy and others. When you use so many user names you can hide ...more

306

Discussion

Comment by rad10on Sep 12, 2020 5:03pm

RE:RE:remember these long time owner/losers, pablum, rad10, lol

Definitely put this one down to experience. Like Pablo I never bought shares in this company and was adamantly against the debenture conversion. Like Pablo I also bought Twin Butte Debentures ...more

271

Discussion

Comment by pablo87on Sep 09, 2020 4:48pm

RE:remember these long time owner/losers, pablum, rad10, lol

The result was bad but I would invest again. ~!@# happens, in this case to the whole industry. Every stock or asset that you buy is meant to be sold, not held forever. That's why they constantly ...more

340

Discussion

Post by pablo87on Sep 09, 2020 1:15pm

Post Mortem

Lost big on this one in late 2018/19. 90% of the loss came when they converted the debentures (which Bay Street and other brokers like Peters & Co. foolishly voted yes to the share ...more

465

Discussion

Comment by Theconsortmanon Sep 08, 2020 10:14am

RE:RE:death watch

I guess the answer was 26 days. Hansen keeps his job?

228

Discussion

Post by NostraDAMNuson Aug 24, 2020 11:24am

Tropical Storms will bring Temporary Oil shortage.

Tropical Storm Laura is projected traverse the length of Cuba before entering the eastern Gulf early Tuesday morning on a similar northwestward path. That track would take it through the heart of ...more

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Comment by Theconsortmanon Aug 16, 2020 6:17pm

RE:RE:death watch

oh it's finished.

390

Discussion

Comment by BobTheKnob2on Aug 13, 2020 11:23pm

RE:death watch

I guess the answer is - about three months, or maybe a bit longer. From the press release announcing the second quarter financials (first paragraph): FINANCIAL AND OPERATING HIGHLIGHTS (THREE ...more

263

Discussion

Post by NostraDAMNuson Jul 29, 2020 12:45am

Is there a positive here?

https://www.barchart.com/stocks/quotes/ZAR.TO/opinion

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Post by NostraDAMNuson Jul 29, 2020 12:09am

BJ Services Files Bankruptcy

BJ Services Files Bankruptcy Second after Haaliburton , BJ Services files Bankruptcy today in United States Bankruptcy Court Southern District of Texas, Houston Divison [url=:https://www ...more

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Comment by Bonecreek2on May 17, 2020 9:02am

RE:death watch

They owe a lot of money to vendors & contractors, a number of them will not sell or do buisness with them.

300

Discussion

Comment by rad10on Apr 07, 2020 10:17am

RE:RE:RE:Rad 10 re North Dakota

toolpush - how appropriate, a complete tool pushing the envelope. Why so many name changes Rolling? Sorry you have been completely decimated by all of this. Were you in anything other ...more

373

Discussion

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