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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 > find a buyer? LOL
View:
Post by RollinInDough on Aug 15, 2019 11:40am

find a buyer? LOL

yep.... do you  know their asset retirement oblig are over $60Milliom dollas... sixty million... and they are adding cause they do next to nothing work on that, they have given up.... but to find a buyer.... to take on this $60 mill... and pay YOU...LOL   oh wait... the biggest problem is they will not be allowed to sell anything... UNTIL... yes rad10... they can not sell unless they obtain some get out ofjail free car, for their liabilty rating... which is 50% below what the regs require for tansfer of sale or purchase.... and to get some waver
in these times of these orphan wells being dumped.... not likely they get it, but maybe... they would need it... I think.. 

anyway, do you think this company

cansurive?  LOL
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