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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 > About time!
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Post by Cardboard1 on Jul 18, 2018 10:20am

About time!

Investors are starting to bid up the debentures or now at $0.82 on the $1.

Something has to happen with this thing as they have been in strategic review forever, language has changed in last quarter regarding taking action and WCS is much higher than it was. Plus very poor hedges have or are expiring.

Cardboard
Comment by pablo87 on Jul 18, 2018 1:31pm
The market is so thin, one new buyer (rbc) can affect the price though the Debbies did go up gradually before the SE sask asset sale and again gradually before the buyback/extension offer.
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