Exploration & Production | Operational Updates
Zargon Oil and Gas Provides Little Bow ASP Update
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Zargon Oil & Gas Ltd. has announced fourth quarter 2014 results
Highlights Oil and liquids production averaged 4,190 barrels of oil and liquids per day in 2014, a 14 percent decrease from the preceding year as production additions from the 2014 drilling and exploitation activities were more than offset by property dispositions and natural production declines. Natural gas production averaged 11.58 million cubic feet per day in 2014, a 26 percent decrease from 2013, primarily due to property dispositions. Total 2014 production averaged 6,120 barrels of oil equivalent per day, an 18 percent decrease from the prior year. Net capital expenditures for the year totalled $26.27 million; consisting of $59.84 million of exploitation, development and facility programs and $0.13 million of…- ✓ Full news archive — U.S., Canada & international coverage
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