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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 > WCS Hardisty U.S $50.02 equals $67 Canadian! EOM
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Post by hawkowl1 on Mar 24, 2019 2:12pm

WCS Hardisty U.S $50.02 equals $67 Canadian! EOM

EOM
Comment by pablo87 on Mar 24, 2019 4:57pm
Or about C$5.5M annual runrate for Canadian field netback. (North Dakota is priced off LSB and generates own cashflow regardless...). It's unfortunate that they couldn't spend any money at all or the field netback could be much higher (per presentation re 8 drill ready locations).
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