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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

GREY:ZARFF - Post Discussion

Zargon Oil & Gas Ltd > Offers due Jan 19th
View:
Post by hawkowl1 on Jan 11, 2019 2:00pm

Offers due Jan 19th

https://www.energyadvisors.com/deal-details?listingId=44911

NORTH DAKOTA WATERFLOOD

7,905-Net Acres. 92-Wells. 4-PUDs.

BOTTINEAU & RENVILLE COUNTIES

IMMEDIATE INFILL DRILLING

Waterflood Production Optimization

Bluell & Sherwood Development

3-D PROPRIETARY SEISMIC COVERAGE

Pool Delineation Opportunities

Avg. ~97.5% Operated WI & ~74.5% NRI

Last 3-Mns Avg. Gross Prod: 424 BOPD

Long Life Conventional Oil Production

Last 3-Mns Net Cash Flow: $353,342/Mn

Net PDP PV10: $15,617,400

Net PDP Reserves: 1,377 MBO

Infrastructure & SWD-In-Place

Shallow Decline w/ 4% Oil Cut Last 3-Yrs

OFFERS DUE: JANUARY 18, 2019

PP 1229DV

Comment by rad10 on Jan 11, 2019 5:49pm
dude this one is a month old.....................
Zargon Oil & Gas Ltd
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