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Last C$3.06 CAD
Change Today -0.01 / -0.33%
Volume 74.7K
ZAR On Other Exchanges
As of 4:00 PM 06/3/15 All times are local (Market data is delayed by at least 15 minutes).

zargon oil & gas ltd (ZAR) Snapshot

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52 Week High
06/13/14 - C$9.68
52 Week Low
03/17/15 - C$2.63
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Current Stock Chart for ZARGON OIL & GAS LTD (ZAR)

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zargon oil & gas ltd (ZAR) Details

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. The company holds interest in Alberta Plains North, Alberta Plains South, and Williston Basin areas. As of December 31, 2014, it had proved and probable reserves of 22.29 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.

35 Employees
Last Reported Date: 03/10/15
Founded in 1987

zargon oil & gas ltd (ZAR) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: C$337.9K
Vice President of Operations
Total Annual Compensation: C$242.1K
Vice President of Corporate Development
Total Annual Compensation: C$258.6K
Vice President of Enhanced Recovery
Total Annual Compensation: C$236.5K
Vice President of Williston Basin
Total Annual Compensation: C$228.0K
Compensation as of Fiscal Year 2014.

zargon oil & gas ltd (ZAR) Key Developments

Zargon Oil & Gas Ltd Confirms Cash Dividend for the Month of May 2015, Payable on June 15, 2015; Provides Dividend Guidance for 2015

Zargon Oil & Gas Ltd. confirmed that the monthly cash dividend for the month of May in the amount of CAD 0.03 per common share will be paid on June 15, 2015 to shareholders of record on May 31, 2015. The company's 2015 third quarter cash dividend to shareholders of CAD 0.03 per common share per month based on its 2015 guidance is as the payment date is July 15, 2015 and August 17, 2015 with the record date of June 30, 2015 and July 31, 2015.

Zargon Oil & Gas Ltd Announces Promotion of Jeffrey Post as Chief Financial Officer

Zargon Oil & Gas Ltd. announced that Jeffrey Post has been promoted to the position of Chief Financial Officer effective May 14, 2015. Mr. Post has served as Zargon's Corporate Controller since February 2014.

Zargon Oil & Gas Ltd. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2015

Zargon Oil & Gas Ltd. reported unaudited earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported gross petroleum and natural gas sales of $16.41 million compared to $40.26 million for the same period a year ago. Funds flow from operating activities was $7.24 million compared to $15.30 million last year. Cash flows from operating activities were $6.67 million compared to $14.86 million last year. Net loss was $4.88 million or $0.16 per share compared to net earnings of $0.17 million or $0.01 per share last year. Net capital expenditures were $5.40 million compared to $15.48 million last year. FFO per share was $0.24 compared to $0.51 per share a year ago. For the quarter, the company reported average daily oil and liquids production of 3,928 bbl/d compared to 4,320 bbl/d for the same period a year ago. Average daily natural gas production was 5.24 mmcf/d compared to 14.05 mmcf/d last year. Average daily equivalent production was 4,802 boe/d compared to 6,662 boe/d last year.


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