Zargon Oil & Gas confirms that the monthly cash dividend for the month of June in the amount of Cdn. $0.06 per common share will be paid on July 15, 2013 to shareholders of record on June 30, 2013. Unless otherwise indicated, all dividends paid by Zargon are "eligible dividends" for Canadian tax purposes.
Zargon Oil & Gas has renewed and extended its committed syndicated credit facilities and the lenders thereunder have confirmed a borrowing base of $165 million, an amount which remains unchanged from the prior year. The credit facilities are now fully revolving until June 25, 2014, with the provision for an annual extension at the option of the [...]
Zargon Oil & Gas announces that the following matters were voted upon at the annual and special meeting of the shareholders of Zargon held on May 15, 2013 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual and Special Meeting of Shareholders and Information Circular dated April 12, 2013
Zargon Oil & Gas confirms that the monthly cash dividend for the month of May in the amount of Cdn. $0.06 per common share will be paid on June 17, 2013 to shareholders of record on May 31, 2013. Our dividend policy is reviewed monthly and is based on a number of factors including current and future commodity prices, foreign exchange rates, our [...]
First quarter 2013 production averaged 5,113 barrels of oil and liquids per day, a one percent increase from the preceding quarter and first quarter 2013 natural gas production averaged 15.2 million cubic feet per day, a five percent decrease from the preceding quarter. Total production averaged 7,648 barrels of oil equivalent per day, a one [...]