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Bullboard - Stock Discussion Forum Zargon Oil & Gas Ltd ZARFF

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

GREY:ZARFF - Post Discussion

Zargon Oil & Gas Ltd > just released : excellent quarter results
View:
Post by soulpower on Mar 15, 2018 5:23pm

just released : excellent quarter results

do you guys concur? And will the sp move tomorrow or do nothing?
Comment by pablo87 on Mar 15, 2018 6:30pm
Soul, agree - Zar got higher price for their oil in Q4. But op. costs were higher too? Valuation situation in Cdn O&G is pretty bad. Almost every company, many better than Zar, are trading well below what they're worth.  Bottom line, quarterly results will not move the needle.  What will is some asset sales or a change in strategy or maybe a merger?
Comment by soulpower on Mar 16, 2018 9:56am
well again no action even with a good quarter. merger? wouldnt that be a negative thing for the stock? If a merger does happen what would be the right scenario so we don't lose out as shareholders ? I guess they can't seem to find a buyer for the company and their dakota fields. what would you do if you were Craig Hansen.?
Comment by soulpower on Mar 16, 2018 11:33am
what i meant to ask : If a merger happens will that be good for the common shares?
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