Last C$9.64 CAD
Change Today +0.16 / 1.69%
Volume 79.2K
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As of 1:37 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

zargon oil & gas ltd (ZAR) Snapshot

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04/23/14 - C$9.75
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06/5/13 - C$6.00
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zargon oil & gas ltd (ZAR) Details

Zargon Oil & Gas Ltd. explores for, develops, and produces oil and natural gas in Canada and the United States. The company holds interest in the Williston Basin area; Alberta Plains South area; and Alberta Plains North area. As of December 31, 2013, it had proved and probable reserves of 27.69 million barrels of oil equivalent. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd. in december 2010. Zargon Oil & Gas Ltd. was founded in 1987 and is headquartered in Calgary, Canada.

42 Employees
Last Reported Date: 03/11/14
Founded in 1987

zargon oil & gas ltd (ZAR) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: C$331.3K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$258.6K
Vice President of Operations
Total Annual Compensation: C$237.4K
Vice President of Corporate Development
Total Annual Compensation: C$253.5K
Vice President of Enhanced Recovery
Total Annual Compensation: C$225.2K
Compensation as of Fiscal Year 2013.

zargon oil & gas ltd (ZAR) Key Developments

Zargon Oil & Gas Ltd Confirms April 2014 Cash Dividend Payable on May 15, 2014

Zargon Oil & Gas Ltd. confirmed that the monthly cash dividend for the month of April in the amount of CAD 0.06 per common share will be paid on May 15, 2014 to shareholders of record on April 30, 2014.

Zargon Oil & Gas Ltd. Announces First Chemical Injections at the Little Bow ASP Project

Zargon Oil & Gas Ltd. announced that Zargon's Little Bow Alkaline Surfactant Polymer enhanced oil recovery project has been commissioned and ASP injection into the reservoir has commenced. The total cost to complete the project was approximately $50 million which is roughly consistent with November 2012 release that projected a $47 million project cost and a December 2013 on injection date. The completion of construction of the ASP facility and the commissioning of the Little Bow ASP project is a key milestone for Zargon. The facility construction portion of this project entailed more than 60,000 man hours of mechanical and electrical field work and was completed with an impressive safety record of zero Lost Time Accidents. The Little Bow ASP project entails the injection of large volumes of dilute chemical solution into a partially depleted oil reservoir to recover incremental oil reserves. Phase 1 of the Little Bow ASP project is expected to provide 100 barrels of oil per day of incremental production in 2014, which will be comprised of an initial production response in the 2014 third quarter and a 2014 year end rate of 350 barrels of oil per day. Incremental production is expected to exceed 900 barrels of oil per day in 2015 and then increase to 1,550 barrels of oil per day in 2016, once phase 2 production begins.

Zargon Oil & Gas Ltd Presents at 2014 CAPP Scotiabank Investment Symposium, Apr-03-2014 02:15 PM

Zargon Oil & Gas Ltd Presents at 2014 CAPP Scotiabank Investment Symposium, Apr-03-2014 02:15 PM. Venue: Sheraton Centre Toronto, 123 Queen Street West, Toronto, Ontario, Canada. Speakers: Craig Henry Hansen, Co-Founder, Chief Executive Officer, President and Director.


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