Operator
Zargon Oil & Gas Ltd
22 articles mentioning Zargon Oil & Gas Ltd · Page 1 of 2
Zargon Oil & Gas First Quarter 2020 Results
Zargon Oil & Gas Ltd. has released its 2020 first quarter financial results. Highlights: Funds flow from operating activities was a negative $1.24 million compared to $1.35 million recorded in the prior quarter. The decrease from...
Zargon Oil & Gas Reports Resignation of Director
Zargon Oil & Gas Ltd. announces that Glenn Koach has resigned from its Board of Directors, effective immediately. No other information was provided.
Zargon Oil Reports Q3 2019 Results
Zargon Oil & Gas Ltd. reported its Q3 2019 results. Highlights: Funds flow from operating activities of $1.41 million compared to $2.17 million recorded in the prior quarter. The decrease from the prior quarter was primarily...
Zargon Reports Q2 2019 Results Amidst Strategic Alternatives Process
Zargon Oil & Gas Ltd. detailed its Q2 2019 results. Highlights: Funds flow from operating activities of $2.17 million compared to $1.23 million recorded in the prior quarter, and $0.58 million reported in the second quarter...
Zargon Details Q1 2019 Results, Strategic Alternatives
Zargon Oil & Gas Ltd. reported its Q1 2019 results. Financial & Operating Highlights: On January 11, 2019, Zargon announced the completion of a transaction to settle its $41.94 million principal amount of outstanding 8% Convertible...
Zargon Taps Macquarie to Aid in Boosting Value; Puts Williston Assets Up for Sale
Zargon Oil & Gas Ltd. has re-engaged Macquarie Capital Markets Canada Ltd. as financial advisor to assist in maximizing value for the Company and its stakeholders. These outcomes may include a corporate merger, sale, recapitalization or...
Zargon's Chairman to Retire; Successor Named
K. James Harrison has advised Zargon that he does not intend to stand for reelection for the Zargon Board of Directors.
Zargon CFO, Three Others Resign Amidst Reorganization
Zargon has completed a comprehensive corporate reorganization to align Zargon's staff with our smaller operational base.
Zargon Keeps Activity, Spending Low in Q2 as it Reviews Alternatives
The July 2016 announced sale of Zargon's Southeast Saskatchewan assets for $89.5 million is a significant step in this process.
Zargon's Borrowing Base Reduced to $70 Million
This reduced borrowing base compares with Zargon's outstanding bank debt of $64.6 million at March 31, 2016.
Zargon Oil and Gas Appoints New Board Member
Ron Wigham has been appointed to the Zargon Board of Directors and will also serve as a member of the Company's Governance and Compensation Committee.
Zargon Reduces Capex, Lowers Conventional Spending
Revised 2015 capital budget and updates the 2015 production guidance.
Zargon Oil and Gas Provides Little Bow ASP Update
The ASP production ramp up volumes have been slower than anticipated.
Zargon's Reserves Decrease as Company Refocuses Efforts
Reflecting a year of property sales and refocus, 2014 year end 2P total reserves decreased 20%.
Zargon Oil and Gas Provides Production Update
Zargon's Q4 2014 oil and liquid production volumes averaged 4,150 barrels per day
Zargon Deferring 2015 Budget Plan to 1Q 2015
Recognizing the current uncertainties regarding oil prices, reassess the 2015 capital budget in 1Q 2015.
Zargon Ups 2014 Spending; Tags 2015 CapEx at $46MM
Zargon’s 2015 budget has been set at $46 million and includes...
Zargon 'Encouraged' by Early Little Bow ASP Results
In March 2014, Zargon initiated the injection of large volumes of a dilute chemical solution into a partially depleted Little Bow Mannville I Pool in order to recover substantial incremental oil reserves.
Zargon Oil and Gas Updates EOR Progress, ASP Injection
Injected approximately 1 million barrels of ASP solution into Little Bow Mannville I Pool.
Alberta, Williston Player Zargon Talks Year-End Results, 2014 Objectives
Oil and liquids production averaged 4,870 barrels of oil and liquids per day in 2013, a seven percent decrease from the preceding year.