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Zargon Oil & Gas Ltd. (T:ZAR)

Business Focus: N/A

Jan 29, 2021 05:18 pm ET
Zargon Oil & Gas Ltd. Completes Transactions Approved under Canadian Bankruptcy Proceedings; Blue Sky Resources Ltd. Becomes Sole Shareholder
Zargon Oil & Gas Ltd. ("Zargon" or the "Corporation") announces that it has completed certain transactions contemplated by a Bankruptcy and Insolvency Act (Canada) proposal (the "Proposal") filed by Zargon, Zargon Oil & Gas Partnership (“Zargon...
Sep 08, 2020 08:06 am ET
IIROC Trading Halt - ZAR
TORONTO, Sept. 8, 2020 /CNW/ - The following issues have been halted by IIROC:
Sep 08, 2020 07:00 am ET
Zargon Oil & Gas Ltd. Announces Notice of Intention to Make a Proposal to Its Creditors
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") announces that its board of directors has authorized the Company to file a Notice of Intention to Make a Proposal ("Notice of Intention") to its creditors under the provisions of Part III, Division...
Aug 13, 2020 05:01 pm ET
TSX Symbol: ZAR - Zargon Oil & Gas Ltd. Provides 2020 Second Quarter Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2020 second quarter financial results. Highlights from the second quarter ended Jun. 30, 2020 are provided below: FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED...
Jun 02, 2020 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2020 First Quarter Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2020 first quarter financial results. Highlights from the first quarter ended Mar. 31, 2020 are provided below: FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED...
May 13, 2020 05:01 pm ET
TSX Symbol: ZAR Zargon Oil & Gas Ltd. Announces Delay of Release of First Quarter Results and Shut In of Production
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that it plans to delay release of first quarter 2020 results, consisting of the Management’s Discussion and Analysis and Interim Financial Statements until approximately June 2, 2020 under...
Apr 14, 2020 02:01 am ET
TSX SYMBOL: ZAR – Zargon Oil & Gas Ltd. Announces Resignation of Director
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that Glenn Koach has resigned from its Board of Directors, effective immediately. For further information please contact: C.H. HansenPresident and Chief Executive Officer Zargon Oil &...
Apr 02, 2020 12:39 am ET
TSX SYMBOL: ZAR ZARGON OIL & GAS LTD. ANNOUNCES TERMINATION OF FINANCING AGREEMENT AND SALE OF US SUBSIDIARIES
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that it has entered into an agreement to settle its US$3.05 million term debt through the sale of its US subsidiaries for nominal proceeds and the release of the Company from its...
Mar 13, 2020 05:01 pm ET
ZARGON OIL & GAS LTD. PROVIDES 2019 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2019 fourth quarter and full year financial results. Highlights from the fourth quarter and year ended Dec. 31, 2019 are provided below:  HIGHLIGHTS FROM THE FOURTH...
Jan 29, 2020 05:01 pm ET
Zargon Oil & Gas Ltd. Announces Q4 2019 Production Volumes, Abandonment Activities in 2019 and Year End Reserves
Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) announces fourth quarter 2019 production volumes, 2019 abandonment activities and 2019 year end reserves. Zargon intends to release its 2019 audited financial results on March 12, 2020, after market...
Nov 13, 2019 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2019 Third Quarter Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOL: ZAR). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPT 30, 2019) Funds flow from operating activities of $1.41 million compared to $2.17 million recorded in the...
Aug 14, 2019 06:14 pm ET
Zargon Oil & Gas Ltd. Provides 2019 Second Quarter Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED June 30, 2019) Funds flow from operating activities of $2.17 million compared to $1.23 million recorded in the prior quarter, and $0.58...
May 30, 2019 08:06 pm ET
Zargon Oil & Gas Ltd. Report on Voting from the 2019 Shareholders Meeting and Completion of Share Consolidation
(TSX - ZAR) Zargon Oil & Gas Ltd. ("Zargon" or the "Company") announces that the following matters were voted upon at the annual and special meeting of the shareholders of Zargon held on May 30, 2019 in Calgary, Alberta. More information about the...
May 14, 2019 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2019 First Quarter Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOL: ZAR). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2019) On January 11, 2019, Zargon announced the completion of a transaction to settle its $41.94 million...
Mar 14, 2019 05:10 pm ET
Zargon Oil & Gas Ltd. Provides 2018 Fourth Quarter and Full Year Financial Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2018 fourth quarter and full year financial results. Highlights from the fourth quarter and year ended Dec. 31, 2018 are provided below: HIGHLIGHTS FROM THE...
Feb 21, 2019 05:01 pm ET
Zargon Oil & Gas Ltd. Announces Appointment of Additional Director
Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX SYMBOL:  ZAR) announces the appointment of Glenn Koach to the Board of Directors effective February 21, 2019. Mr. Koach is currently Co-Founder/Portfolio Manager of Concise Capital Management,...
Jan 25, 2019 12:00 am ET
Zargon Oil & Gas Ltd. Announces Q4 2018 Production Volumes and 2018 Year End Reserves
Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX:ZAR) announces fourth quarter 2018 production volumes and announces 2018 year end reserves. Zargon intends to release its 2018 audited financial results on March 14, 2019, after market close....
Jan 16, 2019 06:30 pm ET
Zargon Oil & Gas Ltd. Engages Financial Advisor
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has re-engaged Macquarie Capital Markets Canada Ltd. as financial advisor to assist in seeking outcomes that will maximize value for the Company and its stakeholders. These outcomes may...
Jan 11, 2019 01:17 pm ET
Zargon Announces the Completion of a Transaction to Settle its Convertible Debentures
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR; ZAR.DB.A) announces that it has completed a transaction (the "Transaction") to settle its $41.94 million principal amount of outstanding 8.00% convertible unsecured subordinated debentures...
Jan 11, 2019 07:55 am ET
IIROC Trading Halt - ZAR.DB.A
TORONTO, Jan. 11, 2019 /CNW/ - The following issues have been halted by IIROC:
Jan 10, 2019 06:38 pm ET
Zargon Announces Voting Results of Extraordinary Meeting of Debentureholders and Provides Strategic Alternatives Process Update
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR; ZAR.DB.A) announces that 82.64% of holders ("Debentureholders") of its 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") voting at the...
Nov 21, 2018 11:49 am ET
Zargon Announces a Proposed Transaction to Restructure its Convertible Debentures
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR; ZAR.DB.A) announces a proposed transaction to settle its $41.94 million principal amount of outstanding 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the...
Nov 21, 2018 11:12 am ET
IIROC Trade Resumption - ZAR
TORONTO, Nov. 21, 2018 /CNW/ - Trading resumes in:
Nov 21, 2018 09:58 am ET
IIROC Trading Halt - ZAR
TORONTO, Nov. 21, 2018 /CNW/ - The following issues have been halted by IIROC:
Nov 13, 2018 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2018) Funds flow from operating activities of $1.93 million compared...
Nov 02, 2018 12:00 pm ET
Zargon Oil & Gas Ltd. Announces Financing Agreement for $3.5 Million (USD) Term Debt
Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that it has entered into a financing agreement for $3.5 million (USD) term debt with private investment funds advised by JGB Capital Management, LP.  The proceeds of the financing will be...
Aug 08, 2018 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2018 Second Quarter Results and Provides Updated Guidance
Zargon Oil Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2018) Funds flow from operating activities of $0.58 million compared to a negative $0.30 million...
May 30, 2018 07:30 pm ET
Zargon Oil & Gas Ltd. Report on Voting From the 2018 Shareholders Meeting
(TSX:ZAR) (TSX:ZAR.DB.A) Zargon Oil Gas Ltd. ("Zargon") announces that the following matters were voted upon at the annual meeting of the shareholders of Zargon held on May 30, 2018 in Calgary, Alberta. 1.         Election of Directors By...
May 14, 2018 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2018 First Quarter Results and Provides Second Half 2018 Guidance
Zargon Oil Gas Ltd. (“Zargon” or the “Company”). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2018) Funds flow from operating activities of a negative $0.30 million compare to the positive $1.59 million recorded in the...
Mar 15, 2018 05:01 pm ET
Feb 12, 2018 07:30 am ET
Zargon Oil & Gas Ltd. Announces Q4 2017 Production Volumes and 2017 Year End Reserves
CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX:ZAR) (TSX:ZAR.DB.A) announces fourth quarter 2017 production volumes and announces 2017 year end reserves. Zargon intends to release its 2017 audited...
Nov 13, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2017 Third Quarter Results and Provides First Half 2018 Guidance and Capital Budget
CALGARY, Alberta, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) (TSX:ZAR.DB.A)....
Nov 13, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2017 Third Quarter Results and Provides First Half 2018 Guidance and Capital Budget
CALGARY, Alberta, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) (TSX:ZAR.DB.A).
May 30, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Report on Voting From the 2017 Shareholders Meeting
CALGARY, Alberta, May 30, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB.A) ("Zargon") announces that the following matters were voted upon at the annual and special meeting of the shareholders of Zargon held on May 30, 2017 in Calgary, Alberta....
May 10, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2017 First Quarter Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX: ZAR)(TSX: ZAR.DB.A) -
May 10, 2017 04:59 pm ET
Zargon Oil & Gas Ltd. Provides 2017 First Quarter Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB.A) - FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2017) Funds flow from operating activities of $1.50 million...
Apr 24, 2017 07:00 am ET
Zargon Oil & Gas Ltd. Announces Board of Directors Changes
K. James Harrison has advised Zargon (TSX: ZAR)(TSX: ZAR.DB.A) that he does not intend to stand for reelection for the Zargon Board of Directors at the upcoming Annual and Special Meeting of Shareholders to be held on May 30, 2017. K. James Harrison has been a director of Zargon since 1995, and his energy and counsel over the years have been invaluable. On behalf of the management and Board of Directors of Zargon, we would like to thank K. James Harrison for his significant contributions, and we wish him the best in his future endeavours.
Apr 24, 2017 06:58 am ET
Zargon Oil & Gas Ltd. Announces Board of Directors Changes
K. James Harrison has advised Zargon (TSX:ZAR)(TSX:ZAR.DB.A) that he does not intend to stand for reelection for the Zargon Board of Directors at the upcoming Annual and Special Meeting of Shareholders to be held on May 30, 2017. K. James Harrison...
Apr 03, 2017 07:00 am ET
Zargon Announces Completion of Redemption Auction
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX: ZAR)(TSX: ZAR.DB) announces that it has taken up $15.56 million aggregate principal amount of its 6.00% convertible unsecured subordinated debentures (the "Debentures") at tender prices ranging from $890 to $1,000 per $1,000 principal amount of Debentures, for a total cash consideration of $14.84 million, which is equivalent to an average cost of $954 per debenture. The redemption of the Debentures was completed pursuant to the Company's previously announced redemption of up to $19 million aggregate
Apr 03, 2017 06:58 am ET
Zargon Announces Completion of Redemption Auction
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) announces that it has taken up $15.56 million aggregate principal amount of its 6.00% convertible unsecured subordinated debentures (the "Debentures") at tender prices...
Mar 15, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2016 Fourth Quarter and Full Year Financial Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX: ZAR)(TSX: ZAR.DB)
Mar 15, 2017 04:59 pm ET
Zargon Oil & Gas Ltd. Provides 2016 Fourth Quarter and Full Year Financial Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) HIGHLIGHTS FROM THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2016 For calendar 2016, funds flow from operating activities of...
Feb 23, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Announces Q4 2016 Production Volumes and 2016 Year End Reserves
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX: ZAR)(TSX: ZAR.DB) announces fourth quarter 2016 production volumes and announces 2016 year end reserves. Zargon intends to release its 2016 audited financial results on March 15, 2017, after market close.
Feb 23, 2017 04:59 pm ET
Zargon Oil & Gas Ltd. Announces Q4 2016 Production Volumes and 2016 Year End Reserves
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX:ZAR)(TSX:ZAR.DB) announces fourth quarter 2016 production volumes and announces 2016 year end reserves. Zargon intends to release its 2016 audited financial results on March 15, 2017, after...
Feb 14, 2017 07:02 pm ET
Zargon Announces Approval of Debenture Amendments and Commencement of Redemption Auction
Zargon Oil & Gas Ltd. ("Zargon" or the "Company")(TSX:ZAR)(TSX:ZAR.DB) announces that 87% of the holders (the "Debentureholders") of the Company's 6.00% convertible unsecured subordinated debentures (the "Debentures") voting at the extraordinary...
Feb 14, 2017 07:02 pm ET
Zargon Announces Approval of Debenture Amendments and Commencement of Redemption Auction
Zargon Oil & Gas Ltd. ("Zargon" or the "Company")(TSX: ZAR)(TSX: ZAR.DB) announces that 87% of the holders (the "Debentureholders") of the Company's 6.00% convertible unsecured subordinated debentures (the "Debentures") voting at the extraordinary meeting of the Debentureholders held today have voted in favour of an extraordinary resolution approving certain amendments to the trust indenture governing the Debentures (the "Indenture") to:
Jan 12, 2017 05:01 pm ET
Zargon Oil & Gas Ltd. Announces Hedging of 650 BBL/D of Oil
Zargon Oil & Gas Ltd. (TSX: ZAR)(TSX: ZAR.DB) ("Zargon") announces that it has entered into an additional hedge to fix the WTI price of oil on 650 barrels per day of oil production at an average of $71.50 in Canadian dollars for the period February to December 2017. When this hedge is combined with previously announced hedges the total volumes hedged from February to December 2017 are 1,300 barrels per day at an average price of $69.24 in Canadian dollars.
Jan 12, 2017 04:59 pm ET
Zargon Oil & Gas Ltd. Announces Hedging of 650 BBL/D of Oil
Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon") announces that it has entered into an additional hedge to fix the WTI price of oil on 650 barrels per day of oil production at an average of $71.50 in Canadian dollars for the period...
Jan 06, 2017 07:30 am ET
Zargon Oil & Gas Ltd. Announces Proposal to Amend Its Convertible Unsecured Subordinated Debentures
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX: ZAR)(TSX: ZAR.DB) announced today that it will seek the approval of holders (the "Debentureholders") of its 6.00% convertible unsecured subordinated debentures due June 30, 2017 (the "Debentures") to amend certain terms of the Debentures at a meeting of Debentureholders expected to be held in February of 2017 (the "Meeting").
Jan 06, 2017 07:28 am ET
Zargon Oil & Gas Ltd. Announces Proposal to Amend Its Convertible Unsecured Subordinated Debentures
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX:ZAR)(TSX:ZAR.DB) announced today that it will seek the approval of holders (the "Debentureholders") of its 6.00% convertible unsecured subordinated debentures due June 30, 2017 (the...
Dec 12, 2016 08:00 am ET
Zargon Oil & Gas Ltd. Announces 2017 Capital Expenditure Budget
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX: ZAR) (TSX: ZAR.DB) announces its 2017 capital budget.
Dec 12, 2016 07:58 am ET
Zargon Oil & Gas Ltd. Announces 2017 Capital Expenditure Budget
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX:ZAR) (TSX:ZAR.DB) announces its 2017 capital budget. With Zargon's recently announced 2017 oil hedges (November 30), Zargon's Board of Directors has approved a 2017 capital...
Nov 30, 2016 02:34 pm ET
Zargon Oil & Gas Ltd. Announces Hedging of 650 bbl/d of Oil and Appointment of Interim Chief Financial Officer
Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB) ("Zargon") announces that it has entered into hedges to fix the WTI price of oil on 650 barrels per day of oil production at an average of $66.98 in Canadian dollars for 2017. Zargon also...
Nov 30, 2016 02:34 pm ET
Zargon Oil & Gas Ltd. Announces Hedging of 650 bbl/d of Oil and Appointment of Interim Chief Financial Officer
Zargon Oil & Gas Ltd. (TSX: ZAR) (TSX: ZAR.DB) ("Zargon") announces that it has entered into hedges to fix the WTI price of oil on 650 barrels per day of oil production at an average of $66.98 in Canadian dollars for 2017.
Nov 14, 2016 06:43 pm ET
Zargon Oil & Gas Ltd. Provides 2016 Third Quarter Results, Q4 2016 Guidance and Strategic Alternatives Process Update
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) FINANCIAL & OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2016) Pursuant to Zargon's strategic alternatives process,...
Nov 14, 2016 06:43 pm ET
Oct 17, 2016 08:00 am ET
Zargon Oil & Gas Ltd. Announces Resignation of Chief Financial Officer and Corporate Reorganization
Zargon Oil & Gas Ltd. (TSX: ZAR) (TSX: ZAR.DB) ("Zargon") announces that Mr. Jeffrey Post has tendered his resignation as Chief Financial Officer of Zargon effective November 14, 2016 to pursue other opportunities.
Oct 17, 2016 07:58 am ET
Zargon Oil & Gas Ltd. Announces Resignation of Chief Financial Officer and Corporate Reorganization
Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB) ("Zargon") announces that Mr. Jeffrey Post has tendered his resignation as Chief Financial Officer of Zargon effective November 14, 2016 to pursue other opportunities. "We sincerely...
Sep 01, 2016 05:14 pm ET
Zargon Oil & Gas Ltd. Announces the Closing of the Sale of Southeast Saskatchewan Assets for $89.5 Million
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX:ZAR)(TSX:ZAR.DB) announces the closing of the sale of all of its Southeast Saskatchewan assets for cash consideration of $89.5 million. The effective date of the transaction is July 1,...
Sep 01, 2016 05:14 pm ET
Zargon Oil & Gas Ltd. Announces the Closing of the Sale of Southeast Saskatchewan Assets for $89.5 Million
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX: ZAR)(TSX: ZAR.DB) announces the closing of the sale of all of its Southeast Saskatchewan assets for cash consideration of $89.5 million. The effective date of the transaction is July 1, 2016.
Aug 10, 2016 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2016 Second Quarter Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2016) Funds flow from operating activities of $3.5 million were...
Aug 10, 2016 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2016 Second Quarter Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX: ZAR)(TSX: ZAR.DB)
Jul 25, 2016 05:46 pm ET
Zargon Oil & Gas Ltd. Announces Sale of Zargon's Southeast Saskatchewan Assets for $89.5 Million
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX: ZAR)(TSX: ZAR.DB) has entered into a definitive agreement for the sale of all of its Southeast Saskatchewan assets for cash consideration of $89.5 million, subject to normal closing adjustments. The effective date of the transaction is July 1, 2016 and the transaction is expected to close in early September. The assets have the following attributes:
Jul 25, 2016 05:46 pm ET
Zargon Oil & Gas Ltd. Announces Sale of Zargon's Southeast Saskatchewan Assets for $89.5 Million
Zargon Oil & Gas Ltd. (the "Company" or "Zargon") (TSX:ZAR)(TSX:ZAR.DB) has entered into a definitive agreement for the sale of all of its Southeast Saskatchewan assets for cash consideration of $89.5 million, subject to normal closing...
Jun 21, 2016 05:01 pm ET
Zargon Oil & Gas Ltd. Announces Renewal of Credit Facilities
Zargon Oil & Gas Ltd. (TSX: ZAR)(TSX: ZAR.DB) ("Zargon") has renewed and extended its committed syndicated credit facilities with a borrowing base of $70 million, down from $88 million. The credit facilities are now fully revolving until September 22, 2016, with the provision for a nine month extension at the option of the lenders and upon request from Zargon. This reduced borrowing base compares with Zargon's outstanding bank debt of $64.6 million at March 31, 2016.
Jun 21, 2016 04:58 pm ET
Zargon Oil & Gas Ltd. Announces Renewal of Credit Facilities
Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon") has renewed and extended its committed syndicated credit facilities with a borrowing base of $70 million, down from $88 million. The credit facilities are now fully revolving until September...
May 30, 2016 05:01 pm ET
Zargon Oil & Gas Ltd. Report on Voting from the 2016 Shareholders Meeting
(TSX: ZAR)(TSX: ZAR.DB) Zargon Oil & Gas Ltd. ("Zargon") announces that the following matters were voted upon at the annual meeting of the shareholders of Zargon held on May 30, 2016 in Calgary, Alberta.
May 30, 2016 04:59 pm ET
Zargon Oil & Gas Ltd. Report on Voting from the 2016 Shareholders Meeting
(TSX:ZAR)(TSX:ZAR.DB) Zargon Oil & Gas Ltd. ("Zargon") announces that the following matters were voted upon at the annual meeting of the shareholders of Zargon held on May 30, 2016 in Calgary, Alberta. 1. Election of Directors...
May 10, 2016 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2016 First Quarter Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX: ZAR) (TSX: ZAR.DB).
May 10, 2016 04:59 pm ET
Zargon Oil & Gas Ltd. Provides 2016 First Quarter Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR) (TSX:ZAR.DB). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2016) Funds flow from operating activities of a negative $0.3...
May 04, 2016 07:00 am ET
Zargon Oil & Gas Ltd. Provides A Strategic Alternatives Process Update
Zargon Oil & Gas Ltd. (TSX: ZAR)(TSX: ZAR.DB) ("Zargon" or the "Company") provides a strategic alternatives process update.
May 04, 2016 06:58 am ET
Zargon Oil & Gas Ltd. Provides A Strategic Alternatives Process Update
Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon" or the "Company") provides a strategic alternatives process update. Zargon announces that Scotia Waterous Inc. ("Scotia"), on behalf of the Company, has recently initiated a broad...
Mar 07, 2016 05:01 pm ET
Zargon Oil & Gas Ltd. Provides 2015 Fourth Quarter and Full Year Financial Results
Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX: ZAR)(TSX: ZAR.DB) -